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

[$crypto$]

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.

That's because it's bullish because any coin will definitely be hyped by the influence of bitcoin after the halving.... I feel like Elon Musk will throw another tantrum with his tweet.

Actually it is the same as bitcoin during the bullish period it was $69k and during the bearish period it is now at $27k there is no difference it's just that memes can't be relied on just wait for the explosion when someone wants to go above 20x, I don't feel it's worth holding memes for now even though they are confident in what they hold.

[yazher]

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.

That's what I think too because it's good to be true when they can do that alone without the help of bitcoins price. I think the best part of this is they still have some development and updates regarding this coin since this is not a new one and has some huge numbers of competitors. since Elon Musk is the main character who promotes this coin every time, investors should not always rely on him rather they really need to check every possibility and whether the increase of the price is just a mere promotion video or the whole crypto market itself.

[Bobrox]

Actually not huge impact with Doge coin price pump 10% after few hours later back to current lower price, have been habit thing with Doge coin up and down faster after tweet by Elon Musk and few minutes later price back to lower again. Hit and run when trading in Doge coin when getting late moment or update about Elon Musk tweet with Doge coin you will late the party for trading with Doge coin. I don't see any feature or advantage when trading with Doge coin, few minutes after Elon Musk tweet there are not any opportunity yet to earn much profit because under five minutes after his tweet Doge coin will drop again to lower price.

Don't know when Elon Musk make tweet about Doge coin, late information know with his tweet actually we miss chance for trading with doge coin.

[Xal0lex]

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

Another attempt to manipulate the market with his media resources. Ilon Musk is faithful to his habits, and naive users react appropriately. Next, everything will go according to the old scenario, growth will stop, the price will return to the mark that was before the release of this news.

It should be noted that the capitalization of this coin is constantly decreasing and this coin soon risks to be thrown out of the top 10.

[forexandcryptoauditor]

As Elon Musk is a huge supporter, fan, and holder(?) of DOGE, and moreover has such a large community via Twitter, no wonder any news from his side for this coin will influence many traders as well as investors reflecting the price surge. However, this will provide benefits to current holders so it is good news. If such posts or news continues from Elon Musk periodically, the DOGE coin may reach $0.75 for sure.

[FahriZah]

Actually when elon musk target anything than he will be success because he is o e of the gentleman and when elon musk posting twitting anything about Doge than so many people’s buy the Doge at current price because traders know as well after elon musk tweets thab going to pumping Doge very soon.

[jossiel]

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

Like what the heck?

It's not all about that incident if Dogecoin is up yesterday. People always tend to say that it's all because of Elon things that made Doge up.

Maybe? But it's most likely that the volatility that's coming from Bitcoin made all of these things and that's what people need to realize and stop relying on these hypes of pump and dump from a single personality.

[Kelvinid]

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

This would tell us that Elon Musk still has a huge influence in the crypto space and many people still following him. And the impact is huge even just in logo design.
Well, he makes Dogecoin famous several times so not to wonder why he does it again. Besides, he has the capacity to make hype and encourage investors to invest but they should be warned as well, especially for newcomers. Dogecoin is just profitable during the hype and people must know about it or else, they will suffer the consequences and lose their money.

[GreatArkansas]

This kind of news or event is becoming normal to Dogecoin. With Elon Musk talking Dogecoin, it will just help Dogecoin to pump, we already saw this several times and I believe it will continue, especially once we will be in bull market, cryptocurrency will be trending and most of personalities will use their power to pump their bags.

[Fundamentals Of]

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

Another attempt to manipulate the market with his media resources. Ilon Musk is faithful to his habits, and naive users react appropriately. Next, everything will go according to the old scenario, growth will stop, the price will return to the mark that was before the release of this news.

It should be noted that the capitalization of this coin is constantly decreasing and this coin soon risks to be thrown out of the top 10.

I actually don't understand why this big Doge army believes that Elon Musk is really supporting them. I can't believe how naive they are. Is it even confirmed that this man owns Doge? And how much of this shitcoin does he actually own? There are Doge holders who are now significantly falling in worth because of being too loyal to the meme coin. Nobody knows whether Musk is just using his influence to make money out of the ignorance of this Doge army. Doge loyalists should quit believing that Musk will bring them to the moon.

[Abiky]

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 great. But I don't think such news had to do anything with the recent "pump" in Dogecoin's price. More like someone else is manipulating the price to his/her own benefit. It could be Elon Musk or whales trying to "play the game". You can never expect much from a "meme" coin anyways. Elon Musk promised investors to integrate DOGE with X (formerly Twitter), but nothing has happened so far. If he is serious about DOGE, he would keep his promise.

All I see is an opportunist waiting to fool investors for his own benefit. A pity to those who invest blindly based on someone else's opinion. With the hype coming to an end, it's likely DOGE will return to sub $0.01 market prices in the future. Lets move on to the next big thing in crypto, shall we? 

[JunkieMiner]

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

I think he is preparing his coin for the next year 2024. And he is posting these things to get most of the attention and wants to engage people in the trading of Doge. It has a good price now and good trading figures as well. It has now 23 ranks as you can check on coinmarketcap. So, it would be nice to look at it in the next year. We can consider it in our portfolio in the upcoming year, I think this would be a better year for Dogecoin. Doge would be everywhere.

[wheelz1200]

The complete reliance on elon for dogecoin is getting kind of rediculous.  If one person can sway a coins price that .ich it can't be a good long term project.  Just imagine elon came out and said he was just joking around with dogecoin.  It would completely plumet the price.  There is no single set of news that could sink bitcoin that hard.  With doge's endless block rewards the price will never be sustainable.

[JeffBrad12]

The complete reliance on elon for dogecoin is getting kind of rediculous.  If one person can sway a coins price that .ich it can't be a good long term project.  Just imagine elon came out and said he was just joking around with dogecoin.  It would completely plumet the price.  There is no single set of news that could sink bitcoin that hard.  With doge's endless block rewards the price will never be sustainable.

true, but some people that likes to speculate with meme coin instead enjoying such ride because they think elon would always shill to doge coin for eternitiy meanwhile thats not always the case, remember when doge coin was deemed to be too centralized by elon because too few people owning huge amount of supply, the price plummeted, elon could definitely such such fud again and the value will plummet, its always double edged sword. for the whole meme community including doge coin but majority seemed to be enjoying such price change.
though I guess we can't help it, the existence of meme coin always revolve around shill by influencers or price manipulation.

[Cvetik56]

The complete reliance on elon for dogecoin is getting kind of rediculous.  If one person can sway a coins price that .ich it can't be a good long term project.  Just imagine elon came out and said he was just joking around with dogecoin.  It would completely plumet the price.  There is no single set of news that could sink bitcoin that hard.  With doge's endless block rewards the price will never be sustainable.

It's been ridiculous for quite some time already. If a coin relies on the actions of a single person I don't think it is worth buying and even our attention.

[PrivacyG]

Elon is not your friend.  This is all I need to say.

How many people got rich thanks to Elon and how many people lost their life savings due to him.  You always hear of the one story of a lucky guy but the ones who went broke barely ever get their story out in the public.

Elon is smart enough to profit off silly people.  He can move Doge up and down any time at his will.  And he will do it if it earns him enough.  He is just a clown!

[brace the mace]

Elon could face a serious margin call on his loan to buy X. I don't think he'll take any more risks with DOGE. It's already too much for him.

[justdimin]

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.

That's because it's bullish because any coin will definitely be hyped by the influence of bitcoin after the halving.... I feel like Elon Musk will throw another tantrum with his tweet.

Actually it is the same as bitcoin during the bullish period it was $69k and during the bearish period it is now at $27k there is no difference it's just that memes can't be relied on just wait for the explosion when someone wants to go above 20x, I don't feel it's worth holding memes for now even though they are confident in what they hold.

No not any coin but those who will be influenced are only the legit coins and those who perform well. Even though Elon Musk will throw a Tantrum, I don't think it will disrupt the on going party. Elon only controls DOGE or the meme coins but not BTC and the other normal cryptos.

DOGE is different from BTC but if we are talking about the effect of the bear market, maybe yeah, it's true that even Bitcoin can also dumped hard but its only difference is that it can recover when the bulls are back. Even not for now, meme coins are not always worth holding for and yes even if they are confident I'm sure meme coins will always go against with it.

[Xal0lex]

Another attempt to manipulate the market with his media resources. Ilon Musk is faithful to his habits, and naive users react appropriately. Next, everything will go according to the old scenario, growth will stop, the price will return to the mark that was before the release of this news.

It should be noted that the capitalization of this coin is constantly decreasing and this coin soon risks to be thrown out of the top 10.

I actually don't understand why this big Doge army believes that Elon Musk is really supporting them. I can't believe how naive they are. Is it even confirmed that this man owns Doge? And how much of this shitcoin does he actually own? There are Doge holders who are now significantly falling in worth because of being too loyal to the meme coin. Nobody knows whether Musk is just using his influence to make money out of the ignorance of this Doge army. Doge loyalists should quit believing that Musk will bring them to the moon.

A lot of people need some kind of leader who will push them to make some kind of decision. Ilon Musk is doing a great job in that role. No one knows exactly what Ilon Musk's assets are, I think he hides them for a reason. Perhaps it's a defense against all sorts of accusations of market manipulation by regulators. Suddenly it's all one big Musk fun and he's not doing it for the money. In any case, Musk will lose nothing from this, the loser as always will be the crowd of ordinary investors.

[kizlod]

Another attempt to manipulate the market with his media resources. Ilon Musk is faithful to his habits, and naive users react appropriately. Next, everything will go according to the old scenario, growth will stop, the price will return to the mark that was before the release of this news.

It should be noted that the capitalization of this coin is constantly decreasing and this coin soon risks to be thrown out of the top 10.

I actually don't understand why this big Doge army believes that Elon Musk is really supporting them. I can't believe how naive they are. Is it even confirmed that this man owns Doge? And how much of this shitcoin does he actually own? There are Doge holders who are now significantly falling in worth because of being too loyal to the meme coin. Nobody knows whether Musk is just using his influence to make money out of the ignorance of this Doge army. Doge loyalists should quit believing that Musk will bring them to the moon.

A lot of people need some kind of leader who will push them to make some kind of decision. Ilon Musk is doing a great job in that role. No one knows exactly what Ilon Musk's assets are, I think he hides them for a reason. Perhaps it's a defense against all sorts of accusations of market manipulation by regulators. Suddenly it's all one big Musk fun and he's not doing it for the money. In any case, Musk will lose nothing from this, the loser as always will be the crowd of ordinary investors.

If a person needs a leader to make his decisions in life he's not independent and needs to change something in their life. Sad to see how many people are blindly following him. I mean, he's a smart man that did a lot of good things, but purchasing a memecoin just because he mentioned it somewhere doesn't seem like a good decision.