#DOGE

Dogecoin surges, Musk's tweet helps it rise by more than 17%

Dogecoin leads the gains among the top 40 cryptocurrencies, and the main contributor this time is none other than Elon Musk. On Tuesday, Musk tweeted that "Dogecoin can solve this problem," responding to an article in the Los Angeles Times about California officials blocking his SpaceX from launching more rockets. The Dogecoin he mentioned is also related to Donald Trump's idea of ​​a government efficiency committee (that is, the government efficiency department). Trump said that if he wins the election, he will let Musk be the head of this department.

Dogecoin responded very well to Musk's tweet. In 24 hours, it rose 6.8%. This week it rose 17%, and the current price is $0.1236. Think about Musk's influence on Dogecoin in 2021. If Trump really wins the election, Dogecoin, the world's most popular meme coin, may continue to be popular.

Musk and Bitcoin together push up Dogecoin

Dogecoin has been stagnant before, with no movement in price. But the recent surge has made holders and investors very happy. It is said that the recent surge in Bitcoin has also been good for Dogecoin, helping it to rise a lot. Dogecoin has finally stabilized its price this time and has a chance to rise with the current market momentum. However, some analysts say that the price of Dogecoin may fall by the end of this month. By the end of October, it may only be sold for $0.107862.

Just when the price of Dogecoin was sluggish, Ali Martinez, a well-known cryptocurrency analyst, said that although Dogecoin has not been in good momentum recently, its number of active addresses has reached a peak of 133,880, which shows that users still support Dogecoin.

Based on past and current trends, Dogecoin and other assets are going to rise sharply. Martinez reminded everyone to be prepared and said that Dogecoin is now a good time to buy.

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Recently, I am planning to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is expected that there will be no problem with more than 10 times the space. If you want to keep up, pay attention and share for free.