Elon Musk Tweets effects on DogeCoin price
Feb. 19, 2021, 7:27 p.m.
Click to expand
A brief analisis of Elon Musk tweets regarding doge coin.
1st Tweet Feb 4: He twitted just Doge, the price instantly rised. The most interesting thing here is that dogecoin's price has been rising significantly for over a month before his first tweet, was Elon Musk buying dogecoins since the end of december 2020?
2st Tweet) You are Welcome meme. ELon posted his second tweet 22 minutes after his first tweet
3d Tweet - Doge coin is the people's crypto -This is his third tweet for the day.
4th) Tweet within one hour : No need to be gigachad to own..the market seems shocked and the price continues to rise. Why he tweeted that? Many of us interpreted the tweet like come one buy it its cheap cos next i m anouncing something big, just wanna help you!
5th tweet for the day and still within one hour! No high no low , ONLY DOGE! what this was suposed to mean i dont know given the volatility of the price..
6th Tweet) ..two days later on feb 6 He starts a twitter pool and tweets wow..cant explain why..the price keeps rising
7th tweeet Snop dog meme..feb 7 again two days after the first meme..price keeps going up
8th tweet Feb 8 - tweting now for the four days about doge coin
9th tweet results of the pool..
10th tweet on Feb 10th .."Bought some Dogecoin for lil X, so he can be a toddler hodler". I personaly bought some dogecoins here as i intrpreted that message like "BUy for your kids like i m doing". Unfortunately after this tweet doge coin prices started to go down till today 19 th feb.
11th tweet - this one came after the previous one and it was my confirmation to buy more - it says : "
The most entertaining outcome is the most likely" How can you interpret that? Of coursethat doge coin is going to be ELon's choice, something big is coming and he has to anounce it!
12th tweet..feb 15 he tweeted that..So he shows he does not like the big holders, he says i will pay $ if they voided their accounts..but how? do they have to contact him, how he is suposed to pay doge coin whales? Or maybe he is putting limit orders at some price llike 0.0000100 btc/doge. I dont know. Later it was said on the internet that one of the whales was robin hood. How they can void their account if thats their customers coins?
I dont know..
Anyways today is feb 19 and i m still holding my loosing doge coin position. Dont ask me why he tweeted more than 12 times about dogecoin in less than 2 weeks!
I still believe that Musk is up to something. I think he wants to put miners inside tesla cars. He cant do that with btc miners cos they consume too much energy. That is my only explanation. If you want to read more about the risks and potential rewards of holding doge coins go to the main page.
If you wanna purchase doge coins , yopu can do it here at the Binance exchange, please use my affiliate link so we can both get bonuses:
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