So the ‘big day’ for Doge on SNL has come an gone and it turns out that the so called positive announcement from Elon on Doge ends up being a mockery. I’d love to what people think his agenda was in turning the table on his supposed cheerleading of the coin.
People are opined to their opinion, but the reality is that Elon Musk is no different from John McAfee (they are both influencing crypto assets due to the audience they command) because all he is literally doing is shilling tokens and causing a rush in price and this has been done especially with doge coin and shiba pup (recently). Shilling of coins will only yield rewards on the short term; on the long run it will end in massive losses.
Shilling ofcourse is very rewarding especially in a bull market; protect your funds and capital and always do your own research