Elon Musk's 'Dogs Rock' Swipe At Media Sends Canine-Themed Meme Coins Soaring
Portfolio Pulse from Mehab Qureshi
Elon Musk, CEO of Tesla, tweeted 'Dogs rock', causing a surge in the value of Dogecoin, Shiba Inu, and Floki cryptocurrencies. The coins increased by 2.89%, 2.48%, and 5.12% respectively over a 24-hour period. Musk's tweet received over 3.2 million impressions in the last hour.
October 02, 2023 | 3:29 am
News sentiment analysis
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NEUTRAL IMPACT
Elon Musk's tweet has no direct impact on Bitcoin's price.
Elon Musk's tweet was specifically about meme coins, not Bitcoin.
CONFIDENCE 90
IMPORTANCE 10
RELEVANCE 10
NEUTRAL IMPACT
Elon Musk's tweet has no direct impact on Ethereum's price.
Elon Musk's tweet was specifically about meme coins, not Ethereum.
CONFIDENCE 90
IMPORTANCE 10
RELEVANCE 10
NEUTRAL IMPACT
Elon Musk's tweet has no direct impact on Tesla's stock price.
While Elon Musk's tweets often influence the crypto market, they do not directly affect Tesla's stock price.
CONFIDENCE 90
IMPORTANCE 10
RELEVANCE 10
POSITIVE IMPACT
Elon Musk's tweet caused a 2.89% increase in Dogecoin's price.
Elon Musk's tweet directly mentioned Dogecoin and caused a significant increase in its price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Elon Musk's tweet caused a 5.12% increase in Floki's price.
Elon Musk's tweet directly mentioned Floki and caused a significant increase in its price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Elon Musk's tweet caused a 2.48% increase in Shiba Inu's price.
Elon Musk's tweet directly mentioned Shiba Inu and caused a significant increase in its price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100