'Troll Post Of The Day:' Dogecoin Lover Elon Musk Reacts To Post Mocking Cypto As 'F***ing Lame'
Portfolio Pulse from Mehab Qureshi
Elon Musk, owner of X, responded to a tweet criticizing cryptocurrencies, calling it a 'Troll post of the day'. Musk has been linked to Dogecoin (CRYPTO: DOGE) since 2019 and his Twitter antics have propelled the meme-inspired coin into the spotlight. Dogecoin, conceived as a joke in 2013, is now the eighth-largest cryptocurrency with a market cap of $8.9 billion. Speculation is circulating that DOGE could find its way into the world of X, which was recently granted a license to provide cryptocurrency wallet services in Rhode Island.
September 01, 2023 | 9:44 am
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Elon Musk's response to a tweet criticizing cryptocurrencies and his link to Dogecoin could potentially influence the price of DOGE. Additionally, speculation about DOGE entering the world of X, which recently got a license to provide crypto wallet services, could also impact the price.
Elon Musk's comments and actions have previously influenced the price of cryptocurrencies, particularly Dogecoin. His response to the tweet could potentially sway public sentiment towards DOGE. Additionally, the speculation about DOGE entering the world of X, which recently got a license to provide crypto wallet services, could create anticipation among investors and impact the price. However, it's uncertain how these factors will affect the price in the short term.
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