Elon Musk Shills Dogecoin “As Future Currency of Earth”, Will Doge Price Break $1?
Has Elon Musk adopted Dogecoin or is he a secret holder of Dogecoin? Seems like Elon is in moon mode on Doge and won’t stop until he sends the Meme Coin to $1.
70% Twitter Votes for Dogecoin as Future Currency of Earth in Elon’s Pull
Elon’s love for Dogecoin seems to have no end and the billionaires continues to shill Dogecoin among his twitter followers. In his latest tweet today, he asked his followers to vote for future currency of Earth. Interestingly, he put Dogecoin as one options and all other cryptos as other options. Dogecoin holders have long been pushing for Doge price to break $1 and Elon seems to fully support their sentiments.
The future currency of Earth
— Elon Musk (@elonmusk) February 6, 2021
Just few days back, Elon returned to twitter and promoted Dogecoin raising Doge price by over 50%. So, the question is with Elon in Moon Mode, will Doge price break $1?
Famous Crypto analyst, Mati provided an important insight and said that over tweeting about Doge will finally end influencing Doge prices.
You know there is a limit to how much @elonmusk can influence prices with his tweets.
We saw this from Warren Buffett in 2011 where everyone rushed to follow his investments until he started doing it intentionally. Eventually the market just didn't care.
— Mati Greenspan (tweets ≠ financial advice) (@MatiGreenspan) February 4, 2021
This can be seen by the charts as well, as Elon tweets more and more about Dogecoin, his followers might take it as usual and stop giving it any weight. Same is true for Media as well.
- SEC Chair Paul Atkins Says Crypto Is Top Priority At SEC CFTC Roundtable
- Legal Expert Breaks Down XRP’s Appeal as Ripple SWIFT Debate Heats Up
- Crypto Stakeholders Push Back as Banks Seek Yield Ban Provision in CLARITY Act
- Crypto ETFs Approval Faces Uncertainty as Government Shutdown Looms, Bloomberg Analyst Says
- Fed’s Hammack Backs Restrictive Policy Over Rate Cuts Amid Inflation Concerns
- Dogecoin Price Prediction – Chart Set-Up Highlights Perfect Buying Opportunity With Outflows Backing $0.45
- Bitcoin Price Set to Rebound Ahead of US Government Shutdown, NFP Data
- XRP Price Prediction: How XRP Could React After October 2025 SEC ETF Decisions
- Aster Price Prediction as US President Adds $110M Worth of Tokens to His Portfolio
- Pepe Coin Price Bounce Likely as Support Zone Aligns With Rising Social Activity
- Solana Price Set for Recovery Amid Wyckoff Accumulation and Canary Capital ETF Filing
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
