Dogecoin News: Can Elon Musk and the Dogecoin Foundation Propel DOGE to $1?
The post Dogecoin News: Can Elon Musk and the Dogecoin Foundation Propel DOGE to $1? appeared first on Coinpedia Fintech News
Dogecoin, the famous meme-based cryptocurrency, is making waves again with two big developments. On the one hand, Elon Musk’s posts about DOGE are sparking discussions about market influence, while the Dogecoin Foundation is rolling out initiatives to enhance mass adoption.
Musk’s Tweets: Coincidence or Intentional Boost?Elon Musk, known for his playful tweets, recently posted a meme referencing Dogecoin (or “D.O.G.E.” as his Department of Government Efficiency). Shortly after the post, Dogecoin’s price briefly surged to $0.43, raising questions about whether Musk was trying to boost its value.
This isn’t the first time Musk’s posts have impacted DOGE. His tweets have caused noticeable price jumps in the past, though these gains often don’t last long.
Elon Musk literally named a government department ’DOGE’ so he can shitpost about it again whenever he wants without getting in trouble 