Claim $500Tesla’s Investor Day: Dogecoin Price Could See Another Bull Rally Soon
Tesla’s Investor Day: Right before the tech giant’s investor day, Dogecoin (DOGE) has proven to be a highlight performer of the day. The meme coin has successfully managed to flip Polygon and Binance USD in terms of market cap. Now, it is aiming to surpass Cardano (ADA) as many believe that Tesla’s Investor Day might push the Dogecoin price towards the bull run.
Dogecoin Price To The Moon?
Dogecoin (DOGE) like the rest of the crypto market had a slow start to the year 2023. Its social sentiment has been on an uneven path for the past few months. The last time this meme coin really saw a good surge was back in October of 2022 when Tesla’s CEO Elon Musk completed his takeover of the social media platform Twitter.
Speaking of the social media platform, a crypto influencer by @Betterthanbing on Twitter recently shared some dogecoin price charts on Monday. He believes that DOGE has a strong use case, and it might witness a massive surge ahead of Tesla’s investor day.
Call me crazy, but March 1st Looks like a great day for #DOGE. We have Tesla’s Investor Day as a catalyst for this year! Look at the charts attached for 2021 and 2022! #dogecoin is going to the moon soon thanks to #elonmusk and #tesla @elonmusk Thanks for your help!
– Tametheark @Betterthanbing, (February 27, 2023)
With Elon Musk’s constant support and Whale’s interest, it is possible for the meme coin to reach new heights. But, only time will tell whether or not the current climb of DOGE is sustainable.
On A Way To Surpass Cardano (ADA)
At the time of writing, the DOGE price was trading at $0.086. It is up 0.87% in the last 24 hours and 17.74% in the last 30 days. This gave the coin a market cap of around $10.9 Billion, making it the eighth-largest cryptocurrency by that metric, according to CoinMarketCap.
Cardano is the digital asset that Dogecoin could be seeking to surpass next, sitting as the seventh-largest crypto. ADA’s market cap is sitting at $12,645,296,268, a mere $1.7 billion ahead of DOGE, and potential within striking distance.
Also Read: Breaking: Ethereum Shanghai Upgrade Live On Sepolia For ETH Withdrawals
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.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Trump Media Invests $40M in Bitcoin as Incoming CFTC Chair Signals Crypto Clarity Act Push in January
- Aave DAO Saga Deepens as Alignment Proposal Moves to Snapshot; AAVE Price Down 7%
- Fed’s Stephen Miran Urges More Rate Cuts In 2026 To Avoid U.S. Recession
- Breaking: $4T JPMorgan Explores Crypto Trading for Institutional Clients as U.S. Banks Embrace Crypto
- Bitcoin and Ethereum ETPs See $1B in Outflows as Institutions Rotate into XRP
- Bitcoin Price Prediction As Michael Saylor Pauses BTC Purchase- Is A Fall to $74k Imminent?
- Aster launched Phase 5 Buyback Program Allocating 80% Fees. Will ASTER Price Rally?
- XRP Price Prediction: Rare Bullish Patterns Align With Powerful Catalysts
- Weekly Crypto Price Prediction: Bitcoin, Ethereum, and XRP as Market Momentum Builds
- Will Solana Price Hit $150 as Mangocueticals Partners With Cube Group on $100M SOL Treasury?
- SUI Price Forecast After Bitwise Filed for SUI ETF With U.S. SEC – Is $3 Next?
