Elon Musk's 'Doge-Flex' Pose Sends Dogecoin, First Neiro On Ethereum Soaring
Portfolio Pulse from Aniket Verma
Elon Musk's recent post on X led to a surge in dog-themed cryptocurrencies, with Dogecoin rising nearly 5% and First Neiro On Ethereum increasing by over 6%. The meme coin market cap rose 1.5% in the last 24 hours.
October 28, 2024 | 4:28 am
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POSITIVE IMPACT
Elon Musk's post on X led to a nearly 5% increase in Dogecoin's price, with trading volumes reaching $1.35 billion.
Elon Musk's influence on Dogecoin is well-documented, often causing short-term price spikes. His recent post led to increased trading activity and a price rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90