Elon Musk's Latest Tweet Prompts Question: What was the Daily Gain in Dogecoin Value?

Quick Summary:

This latest episode serves as a stark reminder of the immense influence Musk wields over the meme coin market, and the hair-trigger reflexes of Dogecoin’s dedicated community.pic.twitter.com/wXlbpNU97H — Elon Musk (@elonmusk) April 15, 2024 Dogecoin Rollercoaster Ride Continues This isn’t the first time Musk has sent shockwaves through the Dogecoin world.

Analyst Sees Pre-Crash Buying Window No Price Boost This Time Elon Musk’s tweets have long been synonymous with skyrocketing memecoin values, yet today’s unexpected downturn in Dogecoin following his latest post underscores the volatile and unpredictable terrain of cryptocurrency markets.

Deep-Pocketed Investor Snags Nearly 24,000 ETH At Bargain Price While the tweet itself referenced a scene from Monty Python and didn’t directly mention Dogecoin, its timing, with DOGE hovering near the cusp of the top 10 cryptocurrencies by market cap, proved to be enough to ignite a firestorm of trading activity.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: United Kingdom

Topics: Meme coins Dogecoin Elon musk Price action Altcoins Price analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-16 @ 12:30:39 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 41 lines

Sentence Length: 10 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 20704241

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