Re: Doge to the moon?

Elon dogecoin madness is back on forum ? When will such topic starters realize, that now, when Elon Musk mentions dogecoin in his tweets, nothing happens with dogecoin price. Such things worked only in 2020. If you have free time, check and compare his dogecoin tweets and dogecoin price changes.

Quote from: Comford on February 21, 2022, 09:29:48 AM

Yes, if Elon Musk talk positive about Dogecoin then it be good impact on the price of Dogecoin and it can rise and go the moon.

That was announced February 19. The price has made only +4% that day. Is that the moon you talk about ?

yes, only a few percent increase in price.
Was it because some of Elon's followers no longer believed in him? Or is there any other competitor besides Elon? Or is there another factor that causes it?

I would say that Elon Musk trend is over. Elon has switched his interests from cryptocurrency to SpaceX. He did his role in crypto, by pumping its prices. Same trick cant work all the time. Besides, it has been a long time since he announced anything that can really influence the prices. His "Tesla accept Bitcoin" shocked market, his tweets only create new meme coins on the market. What else Elon can do? Say SpaceX accept Bitcoin? It will never have same influence on Bitcoin as collaboration of Tesla and Bitcoin. Tesla was something affordable or achievable. But space is completely different. Having enough money is not enough to be able to fly to space. I would say that Elon Musk is still an influential person in crypto community, but not as used to be.

Well, why do you think that Musk trend is over? Elon can throw another surprise at any moment. That's what he's done on previous occasions. All his tweets about Tesla & Bitcoin, Dogecoin and similar were unpredictable, right? It is indisputable that Musk knows how to shock the market. So I won’t be at all surprised if Elon again cranks out the same story with doge and it reaches the moon.