Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin, Dogecoin Gain After Musk's Tweets, But Will There Be Another Bull Run?
by
Sethrey
on 08/06/2023, 10:11:09 UTC
that's why elon decided to just use that method, such a way of influencing the market most certainly more efficient than investing with huge amount of money while also having bigger impact.

since there are quite literally thousands if not more that get fomo'd and affected by the shill as an after effect, it would certainly have more impact.

but this kind of method could only be done by someone that has reputation, otherwise it wouldn't work at all.

generally some random meme coin would still requires the influence of capital to pump its value by investing and even adding some massive liquidity into the pool, but it's still can be done considering the market capitalization of these coins are usually rather low.
Do you really think that Elon doesn't invest in any coins? Of course he does and earns well as I can't even imagine how much money he has. And manipulating with tweets is just a game. And I'm sure that soon it will stop working, everyone are tired of him already.