As Elon Musk is one of the richest man on earth, no wonder that his words are so powerful that he can surely pump any coin with his own tweets. Just like how his company TESLA bought billion worth of bitcoin makes the price of it to go bullish with new ATH.
Last time it's dogecoin he tweeted. And also reached new ATH. A great influencer that is an open minded with crypto investing, that makes sense. Also makes me wonder how much dogecoin he owned?
He can simply buy at a lower price, make a tweet of it then the coin will pump automatically because of his influence. Easy money for a guy like him that is already rich. I hope the people that buy at high price knows what they're doing. Sooner or later they will lose a lot of money if they keep joining the hype of it.
Price now is very volatile and really scary to enter because anytime Elon can tweet about it. I will try to short if it will reach $0.1.