Dogecoin, which started as a meme currency but received a lot of support from the billionaire tycoon in the past few months also gained in value. But this positive trend in the cryptocurrency market is no guarantee that it will see the bull run, which started at the beginning of this year, again so soon. At most, the value addition to the price of Bitcoin and other digital currencies over the past two days most likely seems temporary.
What are your thoughts about these 2 coins' future and is it possible that Musk will decide to the hype on something else also? Green coins are getting more popular. Why doesn't he mention any of them? Which one do you think needs such a kick?
Bitcoin is the most popular cryptocurrency and therefore it is understandable why Elon Musk writes constantly about Bitcoin, but why Elon Musk constantly writes about Dogecoin is not clear. In my opinion, most likely Elon Musk invested in Bitcoin and Dogecoin and because of that Elon Musk constantly advertises these two cryptocurrencies on his Twitter, the growth of these two cryptocurrencies started, and this is the main thing.
Bitcoin is the most popular cryptocurrency and therefore it is understandable why Elon Musk writes constantly about Bitcoin, but why Elon Musk constantly writes about Dogecoin is not clear. In my opinion, most likely Elon Musk invested in Bitcoin and Dogecoin and because of that Elon Musk constantly advertises these two cryptocurrencies on his Twitter, the growth of these two cryptocurrencies started, and this is the main thing.