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

[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

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.

yes I believe Elon influence through his tweets is very influential on the price of Dogecoin and it will continue to be awaited by the community and Doge holders in the future to see how Elon brings Doge to be more advanced and has fantastic value, I believe all the community is also waiting for good news to come from Elon about Doge

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[usekevin]

Doge is coin of Elon musk,he had promoted his own coin.By influenced that coin,he had earned huge money from it.Because people had invested huge money by the words of Elon musk.The doge was made huge volatility in the market.The people had made huge investments after the twitter made by Elon,it was trending crypto currency at that time of Elon influence on it.Doge is the meme coin,So it’s not good for long term investment.Doge can be trade for the short term and day trading of doge to get profit.

[evichi]

Elon Musk is a great influencer in the cryptocurrency space. I think the future of Doge coin is bright and have prospects. Holders of Doge coin, IMO, can keep holding on as there could be a growth in value. Cryptocurrency is gradually coming to limelight to find more practical use cases. It is exciting to see Elon talking about crypto, this time Dode coin -as it is a unique/stylish way of endorsing cryptocurrency for those who don't like or understand cryptocurrency.

[dlightag]

That's good information to hear about Elon musk tweet towards Doge Coins as a means of payment, in this period of Bear market, assume it was 2021 he made this tweet, they will be massive pump towards cryptocurrency market.

[Piesel]

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 musk has been a strong influence in the dogecoin market journey and as a whale, his tweet has caused a lot of market changes in the dogecoin market but lately, a lot of things have changed and his tweet is no longer as influential to the market as it uses to be.

But if all things are equal, and there is an update in the dogecoin software even though that does not equal success in the dogecoin market but some good traction can be picked from that place.

[Xal0lex]

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.

It's funny to read about the technical analysis of a coin that depends entirely on Ilon Musk's tweets. Tomorrow Musk will write that Doge is a crap coin worth getting rid of and all this technical analysis will turn into dust and the price of the coin will start its epic plunge to the bottom. To trade DOGE, all you have to do is read the tweets of the main manipulator of the coin, and everything else is secondary.

[lixer]

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.

Doge coin's value might be cheap but its supply is much bigger than in bitcoin. The supporter of doge coin is also huge so I think manipulating this coin is also hard as btc most especially now that people have woken up from the reality and they are now aware that Elon is not really their ally.

Elon is a rich guy so saying that he needs more profit sounds a little bit weird but it can also be possible because Elon have different deals and last time he planned to buy twitter so that would have costed them huge amounts of money. Good luck to you by the way on what you are planning. I hope you will be successful with it even if I am not that bullish with doge.

[KennyR]

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.

It's funny to read about the technical analysis of a coin that depends entirely on Ilon Musk's tweets. Tomorrow Musk will write that Doge is a crap coin worth getting rid of and all this technical analysis will turn into dust and the price of the coin will start its epic plunge to the bottom. To trade DOGE, all you have to do is read the tweets of the main manipulator of the coin, and everything else is secondary.

Yeah, taking note of what he have mentioned is good. We should have the mind to think, did he made any connection based on which he said doge is a crap coin. When someone says these kind of statement or some praising statement we should analyse on what basis he said it. When we were able to do it, automatically we will understand when we need to be influenced by someone's statement.

[samcrypto]

At this time all coin prices experienced a significant decline.  Although we know that Elon Musk has a big influence on Doge, but still the price of Doge has not changed very well, because market conditions are not good

This is also why Elon didn't hype DOGE that much recently, because he knows it's useless because Bitcoin is still dominant.
The probability for Elon to hype DOGE again is high, we know him in just a simple tweet people will react on that and that could be the start of the hype. I wonder if that statement is real and Elon will really support DOGE publicly. DOGE is just a meme token before, though it changed a lot since Elon started to make hype on that meme token.

[blockman]

Let just leave this man alone and look for other things to agitate about because he so much Ike doge coin and nothing will stop him from doing that. I think he's one of the people that has large holdings in doge coin that is why he doesn't relent promoting the project and I can see that many persons are supporting it while others do not like care about what it could bring to the table. The project is okay for me with better promotion.

People are too focused on him when he's got a lot of things to do and to be busy with. It's just so happen that the impact that Elon has made for Dogecoin and other meme coins are big to be unnoticed and forgotten and that's why those that have bought at the top are now still waiting for his return to keep on shilling these meme coins especially Dogecoin and Shiba that they're holding tons of it and can't sell at losses.

[KellyHands]

It would be awesome to hold some dogecoin and Shiba to benefit from the influencing propensity of Elon musk. I must confess that it's nice to know that Elon musk is back to cryptocurrency influencing, his impact no doubt contributed to the last bull run and we may see more of him since he's been into promotion of his products lately and has been selling out greatly.

[Silberman]

It would be awesome to hold some dogecoin and Shiba to benefit from the influencing propensity of Elon musk. I must confess that it's nice to know that Elon musk is back to cryptocurrency influencing, his impact no doubt contributed to the last bull run and we may see more of him since he's been into promotion of his products lately and has been selling out greatly.

If you want to buy some doge or shiba that is your decision however I do not see the reason to do something like this right now, we are in a bear market and even if Elon promised that one of those coins will be key for the development of twitter in the future I do not think too much will come out of it, so wait until we get closer to the bull market and only then you can consider to buy some of those coins and obtain profits as Elon tries to manipulate the markets.

[adaseb]

Yes I know tons and tons of people who got burn't by following his Doge coin tweets. I had so many people who I knew in person, call and ask whether they should buy Doge or BTC. I told them to buy BTC but they said its too expensive and Doge is cheap.

They had this theory how they will buy at $0.50 and sell it at $5 or $10. I told them it will never reach that number due to the huge market cap and large miner rewards. They are still bag holding from entering at $0.50-$0.75. Many entered when he had that SNL skit.

[mich]

Well to no shock DOGE is up 140% this week leading all other coins. The price of DOGE went up 11% after a tweet of his Shiba Inu puppy Floki.

https://www.news18.com/news/buzz/elon-musk-celebrates-halloween-with-twitter-bird-logo-carved-into-pumpkin-6281479.html

[ThemePen]

I think he is just playing with the minds of people. He attached Doge Coin with his life. Whenever he will do anything in the name of crypto. Ot definitely effect on it particularly on Doge Coin..

And if he will sell his worth of Doge Coin definitely many people will face losses.

Just because of this I prefer Bitcoin most. Last he sold his Bitcoins, but it  impact  nothing on Bitcoin value.

[sana54210]

I think he is just playing with the minds of people. He attached Doge Coin with his life. Whenever he will do anything in the name of crypto. Ot definitely effect on it particularly on Doge Coin..

And if he will sell his worth of Doge Coin definitely many people will face losses.

Just because of this I prefer Bitcoin most. Last he sold his Bitcoins, but it  impact  nothing on Bitcoin value.

I do not think that he has that much doge left, he probably sold most of it. He could still have some, like having 500 million dollars worth wouldn't be a big deal to him, but I doubt he has that much, he probably has somewhere between 10-100 million or maybe none. That will not make the market go down too much.

What he could do which would be scary is saying doge is bad, if he goes to twitter and says that doge is terrible and they would not use doge for anything and it's a shitcoin etc etc, if he tweets something like that then it would crash the market, more than it would crash any other way and that is the scary part if you ask me. I do not see how that could be recovered from.

[FP91G]

Musk proposes charging $8 for verified Twitter account despite user backlash
The new owner justified the measure saying ‘we need to pay the bills somehow’
https://www.theguardian.com/technology/2022/nov/01/musk-charging-twitter-verified-accounts

Twitter’s current lords & peasants system for who has or doesn’t have a blue checkmark is bullshit.
Power to the people! Blue for $8/month.
https://twitter.com/elonmusk/status/1587498907336118274?
Twitter must be in big trouble after layoffs.

[john1010]

In my point of view Musk is very serious to show the world that he has the power and influence to influence the people inside crypto world, he wants to show that he can manipulate and dictate the future of Doge, anyway, unlike other new project, Doge is stronger and has the capability to handle lots of trading pressure.

[gunhell16]

Most people around the world know that Elon Musk is a well-known businessman even before he became a well-known social media influencer on Twitter. Maybe Musk is just using his power of influence to take advantage of whatever he can think of to promote altcoins or meme coins.

He does this because he knows that many communities on Twitter will buy the coin that he will mention on the Twitter platform. And it only means that he wants to release a large amount of money, so for the billions of dogecoins he holds to happen before he sells it, he will make a hype post that he knows will be popular and he will meet the target price what he wants to happen is that he will sell (Elon Musk).