DOGEืืื ื
๐How Elon Musk has influenced the price of the Dogecoin?
April 9, 2021
๐Investors in Doge expected that at the entertainment show Saturday Night Live Elon Musk will continue to talk about Doge, thus contributing to rising prices.
๐Elon Musk instead answered the question about Doge: "Is this a hustle?" answered "Yes. This is a hustle" thus causing the price to fall by 26% in the first hour as shown in the chart
May 11, 2021
๐Elon Musk asked his followers on Twitter if Tesla should accept payment for Tesla in Dogecoin.
๐Price: + 15.7% per hour
May 24, 2021
๐Elon Musk called for involvement in the development of Dogecoin on the Github
๐Price: + 11% per hour
June 2, 2021
๐Elon Musk dropped a picture of a doge with the inscription "I have to keep my passion hidden from the public or I'll be socially ostracized."
๐Price: + 8% per hour.
๐กFrom this follows the riskiness of Dogecoin as a means of investment and the impossibility of conducting a fundamental analysis of this coin.
๐Investors in Doge expected that at the entertainment show Saturday Night Live Elon Musk will continue to talk about Doge, thus contributing to rising prices.
๐Elon Musk instead answered the question about Doge: "Is this a hustle?" answered "Yes. This is a hustle" thus causing the price to fall by 26% in the first hour as shown in the chart
May 11, 2021
๐Elon Musk asked his followers on Twitter if Tesla should accept payment for Tesla in Dogecoin.
๐Price: + 15.7% per hour
May 24, 2021
๐Elon Musk called for involvement in the development of Dogecoin on the Github
๐Price: + 11% per hour
June 2, 2021
๐Elon Musk dropped a picture of a doge with the inscription "I have to keep my passion hidden from the public or I'll be socially ostracized."
๐Price: + 8% per hour.
๐กFrom this follows the riskiness of Dogecoin as a means of investment and the impossibility of conducting a fundamental analysis of this coin.
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