Big news! Elon Musk just spent $45 million to buy Dogecoin! This made the holders of Dogecoin very happy, and they all felt that they were going to get rich!
The relationship between Musk and Dogecoin is a hot topic in the cryptocurrency circle. Although he is often unpredictable, his actions can always make the price of Dogecoin dance up and down. Just like before, he would send a tweet casually, and the price of Dogecoin would rise sharply.
This time he bought so many Dogecoins, which will definitely have a big impact on the price! Everyone thinks that this may be a signal that Dogecoin will get more support from big institutions and big figures, and the price may rise again!
However, Musk's support for Dogecoin is not smooth sailing, and sometimes the price will fluctuate up and down. Therefore, we have to continue to see how this news develops in the next few days to know what impact it will have on the long-term price of Dogecoin
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