Elon Musk Back To Promoting Doge as a Payment Method for New Cologne

[FMCPAY_GLOBAL]

Historically, DOGE price behavior has tracked sentiments in Musk’s tweets about the memecoin.

While largely positive, with some tweets sending the memecoin rocketing by 20% to 85%, other tweets have resulted in bearish price behavior.

In Feb. 2021, the price of DOGE fell 20% following Musk’s criticism that the memecoin was concentrated in the hands of a few followers.

Following the Burnt Hair announcement, DOGE is uncharacteristically down 0.4%, as even the billionaire’s bullish tweet could not rouse it from its bearish slumber. At press time the price is $0.06.

According to Be[In]Crypto’s recent DOGE technical analysis, the memecoin could see a bullish breakout within the week after initially falling to $0.051.

DOGE could see a more long-term rally following an update to its Core software later this year, and then again in March 2023.

(Source: Beincrypto)

[1715478874]

1715478874

[1715478874]

1715478874

[1715478874]

1715478874

[Desscount]

Looks like Elon Musk is really back in the cryptocurrency market, because starting today he has been tweeting about Bitcoin and Doge,
this reminds me of when Elon Musk tweeted in 2021 and made the market bull,
if indeed the bull market started then of course this is a great opportunity to buy Shiba, Bitcoin and also Doge because Elon Musk supports these three coins.

[Kemarit]

He is not a crypto influencer for nothing. We have seen him jumping on board with BTC in 2020-2021 and it really push the price to new height and it really skyrocketed.

But it seems that he is only for Doge, and if I remember it correctly, he used to accept bitcoin as payment for his project Tesla model cars but have a change of heart and then shift to Doge. So not surprised that he is promoting Doge again for his new cologne.

[arwin100]

But it seems that he is only for Doge, and if I remember it correctly, he used to accept bitcoin as payment for his project Tesla model cars but have a change of heart and then shift to Doge. So not surprised that he is promoting Doge again for his new cologne.

Maybe he find expensive to manipulate bitcoin that's why he find more cheaper coins which is not controlled by anyone and easily to be manipulate. For sure he needs more profit that's why he goes back promoting doge again.

For now will see some constant changes to the doge since I want to ride what Elon Musk doing at the moment. Also for new players of doge be careful not to hodl to much since whenever Musk start to manipulate for sure he is the one who will dump it once Doge price rise up for more.

[jrrsparkles]

The strategy won't work everytime even Elon Musk knows that but in future to reap more he has to showcase as someone who is involved in this field so the influence will remain exist for future for his own benefits only. About the memecoin it may grow but honestly its overvalued since 2020 cause even the creator itself no longer growing it, only the influencers are playing with Doge, Shib and shit more in their free time.

[Lagduf]

This guy never feeling bored create so many sensations since he was billionaires and any of his tweet heavily affecting the market but he has said that so many times if he will be accepting doge coin but it never goes real. I will not even believe any words being said by this guy. I personally think that elon was a bad guy right now lol. I will not take him seriously.

[bitcampaign]

after buying twitter, Elon will probably make Doge even more famous on Twitter where the crypto community is more active there, I think Dogecoin as long as there is Elon will continue to survive this bear market even though it doesn't drop too far from other altcoins, I hold Dogecoin because i believe dogecoin will be worth over $1 in the future, just keep more now buy it under $0.1

[tabas]

Well, Elon shills for meme coins but can't even accept it. If majority of his followers will see that pattern, they should get enough of him.
He's all for the hype and he understands his influence that can bring to the market but if it's about showing his balls of accepting dogecoin for selling his Tesla's as an example, he can't do that.

after buying twitter, Elon will probably make Doge even more famous on Twitter where the crypto community is more active there, I think Dogecoin as long as there is Elon will continue to survive this bear market even though it doesn't drop too far from other altcoins, I hold Dogecoin because i believe dogecoin will be worth over $1 in the future, just keep more now buy it under $0.1

We will see that but it seems that he understands that the market is in bear and even if he tries to Tweet, that will have bare effect on its price.

[cabron]

It be better for him to just use Doge after all, its for his games and the price is still affordable for everyone who wanna ride its waves. The pump will benefit to all those who want to make money in crypto including the newcomers with only few USD to invest. Dogegod so they call him but still consider him philanthropist for manipulating price and make every investors win as long as they can sell too while its not yet dumping.

[Morningstarr]

Elon Musk is probably raising money to buy Twitter Last few days he tweeted to promote a perfume I don't know why people take him seriously and then regret investing in the project on one of his tweets. In my opinion, at least in the case of crypto, We should not give importance to Elon Musk, especially the promotion-type tweets.

[yhiaali3]

Elon Musk is now busy promoting his new fragrance !!! But it is not excluded that he will announce the acceptance of payment for the new perfume by Dogecoin!!!
In any case, we are now in a bear market and it is difficult to see a significant rise for Dogecoin or any other currency unless the market situation improves and Bitcoin begins to rise and stabilize, but it is possible in any case that there will be a slight increase in the price of Dogecoin during the next week, but this will not last long .

[Finestream]

He is not a crypto influencer for nothing. We have seen him jumping on board with BTC in 2020-2021 and it really push the price to new height and it really skyrocketed.

But it seems that he is only for Doge, and if I remember it correctly, he used to accept bitcoin as payment for his project Tesla model cars but have a change of heart and then shift to Doge. So not surprised that he is promoting Doge again for his new cologne.

Elon Musk is definitely an influential person, not because of his huge wealth but also being a smart and wise entrepreneur. To the extent of becoming a greedy person he has now become. But I must say, this man is really intended for Dogecoin, as he has no effect on bitcoin. So this is not surprising really if he will hype again Dogecoin and make its price bullish instantly bullish, but just like the old times, once the hype is gone, Dogecoin’s price will certainly drop again and stay less valuable.

[Slow death]

Historically, DOGE price behavior has tracked sentiments in Musk’s tweets about the memecoin.

at first people ran to buy dogecoin every time musk made a twitter, but over time this pump scheme started to lose momentum, that's because of so many twitters that he made the price no longer increased much, so people lost interest to buy dogecoin. if musk was creating great opportunities for doge to be used in the real world then the price of doge would not stop going up

While largely positive, with some tweets sending the memecoin rocketing by 20% to 85%, other tweets have resulted in bearish price behavior.

this happens due to the importance of the news, for example:

- if musk made a twitter saying that amazon already accepts doge as payment, then the price would go up a lot

- if musk made a twitter saying that the doge is good currency then the price of doge will not go up

In Feb. 2021, the price of DOGE fell 20% following Musk’s criticism that the memecoin was concentrated in the hands of a few followers.

this is the danger when a single person has the power to manipulate the price

According to Be[In]Crypto’s recent DOGE technical analysis, the memecoin could see a bullish breakout within the week after initially falling to $0.051.

DOGE could see a more long-term rally following an update to its Core software later this year, and then again in March 2023.

man as long as bitcoin is not in the bull market all altcoins will be in the bear market with bitcoin

[Vaculin]

He is not a crypto influencer for nothing. We have seen him jumping on board with BTC in 2020-2021 and it really push the price to new height and it really skyrocketed.

But it seems that he is only for Doge, and if I remember it correctly, he used to accept bitcoin as payment for his project Tesla model cars but have a change of heart and then shift to Doge. So not surprised that he is promoting Doge again for his new cologne.

Elon Musk has always been a source of hype whenever he aims for that certain thing to happen. And Dogecoin is just a valid example of his own favorite coin since he’ll be hyping it again for it’s another promotion. I just hope this time newbies will not eventually fall for this. Though it’s never a mistake to explore some meme coins, but make sure you are investing it only a minimal amount knowing the fact, that Dogecoin has already lose its value and now it’s just surging up because of the influence made by Elon.

[Russlenat]

Historically, DOGE price behavior has tracked sentiments in Musk’s tweets about the memecoin.

While largely positive, with some tweets sending the memecoin rocketing by 20% to 85%, other tweets have resulted in bearish price behavior.

In Feb. 2021, the price of DOGE fell 20% following Musk’s criticism that the memecoin was concentrated in the hands of a few followers.

Following the Burnt Hair announcement, DOGE is uncharacteristically down 0.4%, as even the billionaire’s bullish tweet could not rouse it from its bearish slumber. At press time the price is $0.06.

According to Be[In]Crypto’s recent DOGE technical analysis, the memecoin could see a bullish breakout within the week after initially falling to $0.051.

DOGE could see a more long-term rally following an update to its Core software later this year, and then again in March 2023.

(Source: Beincrypto)

This is not new to us as Elon will always come back to hype his favorite coin because that will also bring huge profits for himself. I can still imagine how those Dogecoin lovers before put all their money in this coin and boom, when Elon is gone, the price of Dogecoin also stops increasing. So maybe this will be a lesson for everyone especially for Elon’s fanatics, always invest in a reputable coin to avoid huge losses, and I think all the coins that are hyped by Elon are definitely not reputable at all.

[serjent05]

Looks like Elon Musk is really back in the cryptocurrency market, because starting today he has been tweeting about Bitcoin and Doge,
this reminds me of when Elon Musk tweeted in 2021 and made the market bull,
if indeed the bull market started then of course this is a great opportunity to buy Shiba, Bitcoin and also Doge because Elon Musk supports these three coins.

I do not think Elon Musk has the same influence as before.  People learn, I think Musk may still have an influence on Doge coin but I am sure his influence over Bitcoin market has already deteriorated.

On the other note, it is good to have Big names starting to shill crypto projects and coins again.  This will somehow help in shifting the current bearish sentiment into a bulish one but I think Musk alone can't do that, we need more Big Names in the industry to help the market gain more traction.

Elon Musk has always been a source of hype whenever he aims for that certain thing to happen. And Dogecoin is just a valid example of his own favorite coin since he’ll be hyping it again for it’s another promotion. I just hope this time newbies will not eventually fall for this. Though it’s never a mistake to explore some meme coins, but make sure you are investing it only a minimal amount knowing the fact, that Dogecoin has already lose its value and now it’s just surging up because of the influence made by Elon.

True but the thing is Elon's influence is getting weaker every time he tries to manipulate or influence the market.  His action is like "the law of diminishing return" the more frequently he involves himself in crypto market hype.

[isaac_clarke22]

Bruh, I thought we were already over with Elon Musk after all of his crypto tweets. I only read in the news about his tweet pertaining that he is selling perfume to buy Twitter. I never expected that Doge would be even involved in this stuff though I would not be surprised that he would still try to tweet meme coins all over again, maybe surprised that people are still buying his tweets as an advice just because he was mentioning it in his Twitter page.

This is why I really steer clear away from any celebrities when they mention cryptos, lol.

[dothebeats]

And people are still falling for it  How many times do people like Elon Musk need to do this thing before people realize they are being made a fool by someone whom they hold in high regard? I think at this point, Elon is just making fun of his followers and trying to make a point ALL THE WHILE making money on the side due to the gullibility of the same people.

At this point, people jumping the bandwagon of whatever Elon created are mindless followers but whatever.

[Silberman]

Looks like Elon Musk is really back in the cryptocurrency market, because starting today he has been tweeting about Bitcoin and Doge,
this reminds me of when Elon Musk tweeted in 2021 and made the market bull,
if indeed the bull market started then of course this is a great opportunity to buy Shiba, Bitcoin and also Doge because Elon Musk supports these three coins.

Elon did not really made this market to enter a bull phase, the conditions were already there and the only thing that Elon did was to increase the interest of speculators on meme coins, however even if Elon shows interest now the conditions for something like this to happen are not there, so while a small pump could be possible I do not expect too much out of those  movements as most of the people that invested in those coins lost their money anyway, and even if they want to participate in the current movement they do not have the money to do it.

[dextronomous]

hi guess this one is needed here,


https://images.squarespace-cdn.com/content/v1/6063b0835f68896079d7d643/1664901552267-S423DOPN7UVU6SGO78I5/Burnt+Hair+Product+banner.png?format=2500w