Dogecoin (DOGE) Pumps 10% As Elon Musk Links Memecoin To X

[cryptoWODL]

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

[Gozie51]

I think musk has started preparing dogecoin for the next bull run in 2024. He is about to make doge hodlers have some cool cash soon because he could continue this antics for those who want to take the opportunity for the ride. This is not the first time he is showing his love for dogecoin, couple of times this year the memecoin has gained some percentage in price. In 2021, he was instrumental to the rise of dogecoin to an ATH of $0.70 and that was a very big performance. So he may be repeating such run for his loved meme anytime soon.

[stadus]

Here we go again, right? I'd say, don't fall for the trap, my friend. Elon knows that everyone's thinking DOGE is gonna shoot up, so I'm thinking it might not be as attractive to him to pump DOGE when there are other coins that could potentially make him even more money. We've got a bit of a bull run vibe in the air, not just for Bitcoin but also some bullish posts about altcoins. Maybe DOGE will hit $1 in this upcoming bull run, maybe not. It's up to you if you want to put your trust, and your money, in DOGE.

[bettercrypto]

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

It's a different kind of Elon Musk when he acts on a meme coin that he wants to promote. He knows how big the established Dogecoin community is. Because I remembered way back in 2017 that there was a really big community of Dogecoin, the others recognized Dogecoin more than Bitcoin. Doge believers are that possessive.

So since Elon Musk mentioned it, they were really encouraged. So now, as I see it, it is another reminder or awareness among the doge holders for the upcoming uptrend in the approaching bull season.

[icalical]

I tend to be skeptical that the Dogecoin 10% price up is mainly caused by Elon tweet, instead I think it's actually because the crypto market in general is in green. I don't think posting video made by Doge designer will attract the investors, the case would be different if Elon integrate Doge payment to the platform, maybe accepting Doge to pay for blue subscription.

[so98nn]

There are like 50-50% chances of peeps getting rich with DOGE bull run. Don’t forget most of the peeps have lost their faith in DOGE and many more has lost faith from Elon Musk promises as well. This makes the plan go south. I think the other 50% gives peeps chance to recover their lost investments from the last cycle if any. However this cycle of bull run doesn’t guarantee them the profit. The 10% hike is literally nothing as compared to what price they had back then. It was around 50-60 cents per DOGE when peeps had invested their money in the DOGE. You see it’s not gonna reach that level Whatever Elon does now. It will take many more investments from the Elon before peeps can trust back.

[Fiatless]

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

The rise in the price of Dogecoin will only attract those who are willing to take the risk of losing their investment. No doubt there is also the possibility of profiting from it but such chances are very slim. I don't also think that Mr. Space X has the influence to pump the market like he did before. Elon Musk cannot be trusted because he considers himself first and doesn't care about other investors. So he might not be able to attract much attention to DOGE. I would rather buy more sats than risk it on a coin that has no future.  

I tend to be skeptical that the Dogecoin 10% price up is mainly caused by Elon tweet, instead I think it's actually because the crypto market in general is in green. I don't think posting video made by Doge designer will attract the investors, the case would be different if Elon integrate Doge payment to the platform, maybe accepting Doge to pay for blue subscription.

Only newbies will decide to invest in DOGE because Elon Musk accepts it for blue subscription. He is very inconsistent and selfish. He would suddenly suspend such payment without notifying investors after he had made a profit from the hype of the coin.

[SamReomo]

Elon Musk is the top supporter of the Doge coin and he'll do everything to make Dogecoin's price go to moon. That's something most of the investors are thinking now and they all know that Elon is rich enough to make Doge's price to go above $1 during the next bull run. Many of the investors have invested thousands of dollars in Doge and I'm quite sure that during the next bull run Doge can be among the biggest gainers not because of Elon but because of the investors who believe in Elon.

Doge and all other crypto-currencies are dependent on Bitcoin's price and if Bitcoin's price continue to grow then those coins will also gain value. Most of the investors are waiting for the next bull run and once it starts they will continue investing in all of those coins which can grow during that bull run. The intelligent investors are already holding Bitcoin and a few other coins in their wallets and they will sell those coins during the next bull-run's ATH.

[khiholangkang]

Better this thread is moved to the Altcoin discussion board, because this is the rest discussing the coin doge which is one of the points to discuss, although everything is related to Elon Musk and also the Twitter Social Media (X) company, I am more on the affiliate instrument in making a stirring and the palace reaction in the coin doge to increase its utility and popularity by connecting the company that is in that influencer.

And we are well aware that Elon Musk is the main supporter of the development of this meme coin, so I hope this thread can be moved to the Altcoin board.

Thank you

[posi]

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

We all know that Elon is a big supporter of Doge and has been manipulating it for years so it's no surprise that this happened. I remember last month there were rumors that Elon had been quietly funding Doge developers for years, so it wouldn't be surprising if he continued to be bullish during the next bull season. He could even integrate Doge into social media platform X, I really wouldn't be surprised if that happens and takes Doge to the next level.

[kingvirtus09]

There are like 50-50% chances of peeps getting rich with DOGE bull run. Don’t forget most of the peeps have lost their faith in DOGE and many more has lost faith from Elon Musk promises as well. This makes the plan go south. I think the other 50% gives peeps chance to recover their lost investments from the last cycle if any. However this cycle of bull run doesn’t guarantee them the profit. The 10% hike is literally nothing as compared to what price they had back then. It was around 50-60 cents per DOGE when peeps had invested their money in the DOGE. You see it’s not gonna reach that level Whatever Elon does now. It will take many more investments from the Elon before peeps can trust back.

The 50/50 chances you say, I'm a little doubtful about that. You know Elon is very influential when he posts something on Twitter about a meme coin like Doge. And we have seen it several times. Like Shib, he only said briefly in the post about SHIB, but look at the sudden effect it caused on the market when the value of Shiba Inu rose.

We still can't really say, honestly, that I'm also holding doge because somehow, if anything good is said about meme coins like doge or SHIB, it will definitely have a positive impact on the crypto industry market. Let's face it, he shakes the market suddenly when he takes a step about it. He knows very well how to shake the market here, to be honest.

[LogitechMouse]

Re: Dogecoin (DOGE) Pumps 10% As Elon Musk Links Memecoin To X

And who are the winners? Of course those who longed on their trades. In short, traders won.

Do you really think that aside from traders, they care about this? I'm not a trader, so I don't care about this anymore. We know that Elon is the biggest supporter of DOGE (and the next one is Glauber Contessoto, and if you don't know him, do a bit of Google search on his name ), and he has already said that he "MIGHT" integrate cryptocurrencies in his platform "X", and if this happens, for sure DOGE will be the ones that will be added. Of course Bitcoin will be the first one, and Ethereum might be added as well.

As for what happened, traders are the ones who won on this one. Those who took the opportunity, then sold at the perfect time are the ones who got profit, as for the holders? We don't care.

[_Hiloveua_]

Elon Musk is the top supporter of the Doge coin and he'll do everything to make Dogecoin's price go to moon. That's something most of the investors are thinking now and they all know that Elon is rich enough to make Doge's price to go above $1 during the next bull run. Many of the investors have invested thousands of dollars in Doge and I'm quite sure that during the next bull run Doge can be among the biggest gainers not because of Elon but because of the investors who believe in Elon.

According to @OP, adding DOGE coin with twitter "X" logo can see good pump. Around 5 to 10 times the current price of Doge coin.
However, I am wondering what will be the impact on Doge coin for the market impact after Bitcoin halving? Moreover, investors will get good profit during bull run. Because doge coin minimum $0.60 to $0.70 is expected. However, it is impossible to say whether doge coin will reach $1. If you have invested, you have to be patient for one year to reach $1

[philipma1957]

Doge is at 6.1 cents and for the last 10 days its high was 6.4 cents

We are not getting a pump on it any time soon.

Maybe next fall if then.

Oh for those that wonder what is a use case for Doge.

It is a dirt cheap way to id yourself via a doge address. It is secure and backed by close to 1 billion in gear and power.

about 950 th in asics which is 100,000 L7 units  cost for that is 500 million usd. Plus structures to house and supply the gear along with the power.

[Huppercase]

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

If you're successful, there is nothing in this life that cannot be influenced, that's a fact unless you have not reach that spot were you can be call a successful person. This is exactly what Elon Musk does, use his story to create more wealth where government has and where they don't have a say. However, what is going to be the action of SEC is what I'm yet to decipher, they only oppress those who they can only control, what differentiate Elon and centralized exchanges of insider trading, tell me.

Dogecoin was able to reach where it is now through Elon, if one day he decide to free the project the way hee screw everyone when he ditch bitcoin when bitcoin need him the most, lots of people are might regret holding it. Dogecoin doesn't hold value like bitcoin but he enjoyed toying with it because he knows that people will not held him responsible for his actions because nonsense is what they don't entertain, he should continue whether he will until SEC get full of him and decide to invite him over for questioning.

[ajiz138]

This source was several months ago and we know that at that time the Twitter bird logo was replaced with the Dogecoin logo, resulting in a jump of several percent, not surprising because the key to the increase in Doge is Elon Musk, the owner of X.

Holders are probably hoping that Elon Musk tweets memes again to create hype in this coin? Ohh, this can't be predicted at all but I'm not a doge fan because placing hope on meme coins is like gambling but it will explode in time.

Don't get your hopes up, but wait for Elon Musk to act again.

[bittraffic]

This source was several months ago and we know that at that time the Twitter bird logo was replaced with the Dogecoin logo, resulting in a jump of several percent, not surprising because the key to the increase in Doge is Elon Musk, the owner of X.

Holders are probably hoping that Elon Musk tweets memes again to create hype in this coin? Ohh, this can't be predicted at all but I'm not a doge fan because placing hope on meme coins is like gambling but it will explode in time.

Don't get your hopes up, but wait for Elon Musk to act again.

BTC halving is so close and everything will be going up soon. It does not even need Musk for the price of Doge pump. 

Seeing however that Doge rises up to $0.70 during the bull market and then drops to $0.06 in the bear market makes Doge not good for long-term hold. I learned this from experience as I have tried doing it since 2021. Now I'm just using Doge to bet. If it ever goes up this 2024, investors who also held it for a long time will likely unload them.

[Magic-Money]

That is the signal for next Bull Run, as Bitcoin halving is fast approaching, currently now Dogecoin is still on the cheap side to buy more, while preparing for the next bull run pump in cryptocurrency market.

[poodle63]

That is the signal for next Bull Run, as Bitcoin halving is fast approaching, currently now Dogecoin is still on the cheap side to buy more, while preparing for the next bull run pump in cryptocurrency market.

I doubt it is, meme coin presence is always there in every bullrun indeed but I doubt with just elon shill it could somehow trigger bullrun though what you meant might be the fact that elon is signaling to buy because incoming bullrun but I highly doubt it.
the previous bullrun highly motivated by the fact that elon companies investing in cryptocurrency which also motivates other company.
now such thing already ended, i guess there will be new thing presented soon.

[poodle63]

That is the signal for next Bull Run, as Bitcoin halving is fast approaching, currently now Dogecoin is still on the cheap side to buy more, while preparing for the next bull run pump in cryptocurrency market.

I doubt it is, meme coin presence is always there in every bullrun indeed but I doubt with just elon shill it could somehow trigger bullrun though what you meant might be the fact that elon is signaling to buy because incoming bullrun but I highly doubt it.
the previous bullrun highly motivated by the fact that elon companies investing in cryptocurrency which also motivates other company.
now such thing already ended, i guess there will be new thing presented soon.
like maybe another trend that might motivate institutional investors out there to put more investment into cryptocurrency.