I don’t suppose that the SEC is stopping Elon Musk from tweeting about Dogecoin and increase its value. But, one other time, his new tweet has despatched Dogecoin value’s flying, and the identical pump and dump scheme is occurring. Elon Musk wrote, ” Doge spelled backwards is Egod”. Nicely, though that sound’s fascinating, plainly his followers are slowly getting pissed concerning the reality his tweets are simply pumping the value of the coin for no cause. And simply inside minutes after his tweets, the value rises and falls again once more. Typically, it even goes under what it was buying and selling at.
Doge spelled backwards is Egod
— Elon Musk (@elonmusk) March 6, 2021
Of all of the cryptocurrencies on the market, Dogecoin appears to be the one one residing within the hype. The one cause that its value has elevated is due to the fixed tweets by Elon Musk. Heck, he was the one who truly made the coin well-known. Even after the value of Dogecoin went as excessive as Rs 7.1 and has fallen ever since it’s nonetheless 5 instances what it was in January 2021. Tweets like Dogecoin to the moon purchased some Dogecoin for my son, and plenty of related ones had propelled the value of the cryptocurreny insanely.
However now could possibly be the time that this hype is dying away. As I went via the replies to the latest tweet that he posted, a lot of them weren’t joyful. Some suppose that Elon simply tweets concerning the cryptocurrency, and as quickly as the value improve, he dumps it. On the identical time, many consider that he’s simply flexing his means to spice up the value of a cryptocurreny however tweeting about it.
A person even tweeted a screenshot exhibiting that he was the one who posted this joke some time again. And musk simply stole it and made it his personal factor. This can be a stretch, although. Like probabilistically, how many individuals’s tweet would Musk truly learn and with simply 2 likes and 1 retweet? That could be very inconceivable. And at last, there have been some hilarious replies like this one. Meme for a meme is an effective method of replying on Twitter and is way appreciated.
The legend is actual! 😱😱😱
Doge and E-God are good buddy! 😆😆😆 pic.twitter.com/dQC9pr1lXw
— BogusThought🇺🇲 (@billhuang688) March 6, 2021
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