Elon Musk is back in the news related to Dogecoin, but this time its not so good. Last year’s class action lawsuit alleging Musk was manipulating the price of Dogecoin and then selling millions of dollars of Doge for profit has recently been amended. I give my take on this as well as a Coindesk interview regarding the possible upcoming volatility in the price of Dogecoin.
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#Dogecoin #Elon #Musk #Crypto #Doge #Cryptocurrency
10 Comments
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I think Dogecoin and Elon Musk will continue to be linked together.
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2024 will be a good year for crypto. Doge will go along for the ride. Its meme factor, easy use, and fun qualities will give it an advantage over the top cryptos.
One thing I know is by 2025 if doge isn’t at $1 im just going to sell and take my profit. Been here since 2019
Alright so all I learned from this video is doge is a shit investment to have fun with. Who enjoys throwing money into a “fun asset” they know they won’t make money on. People use to actually think doge could go somewhere. Nobody to blame but myself for believe the bullshit
This could be the very thing that propels Dogecoin even higher once the frivolous lawsuit is tossed out.
I like Elon’s support of doge. But I mean here’s the thing. If he is actually selling the coins and it can be proven after changing Twitter logo to doge, I don’t think that’s a good look.
U can promote bitcoin Ethereum XRP 🎉🥳. But if u promote Dogecoin u you get a lawsuit 🤷🏽♂️
Trust on Elon is gone. He just tweets something on it and then when it spikes he takes his money off. So public have stopped believeing in Elon. It's unfortunate to have Elon involving in doge. It he did not it would have grown organically.
Doge is fun and cute… untill you realize you can send $19,000 in Doge from one account to another in 30 minutes or less for .02 doge(less than $.02 cents) that dumpsters bank wire transfer that cost $35 starting AND take half a day 😂