Musk effect reappears! Dogecoin hits a new high of $0.14!
DOGE was very popular yesterday, rising 9% in just 24 hours, and the price directly rushed to $0.14, and the market value also rose with the tide, reaching $20 billion! All this is thanks to Elon Musk's "golden sentence" at a town hall meeting in Folsom, Pennsylvania.
At that time, someone asked Musk what he thought of the "Government Efficiency Department". He took the opportunity to advertise Trump's presidential candidacy and cleverly said "Yes, D.O.G.E." As soon as this was said, there was thunderous applause at the scene, and the price of Dogecoin also took off instantly on social media.
Musk really loves Dogecoin. He used to stand up for it. Although he also caused a lot of lawsuits, fortunately, the class action lawsuit accusing him of pumping and dumping in August was dismissed by the court, which can be regarded as clearing the injustice.
Back then, Dogecoin was very popular, with its market value soaring to a high of $88 billion. Musk called himself "Doge Dad" in a skit on "Saturday Night Live", which also made Dogecoin popular.
This time, as soon as Musk spoke, the market value of Dogecoin immediately rebounded to $20 billion. Moreover, Dogecoin performed better than Bitcoin, which only rose by 3%, which is enough to show how much interest investors have in Dogecoin.
Many people think that if Trump becomes president, the regulation of cryptocurrencies may be more relaxed, so that the entire cryptocurrency market may usher in a wave of surges.
The test of the bull market is not only the rise and fall of the market, but also the test of our mentality. In the face of changes in our accounts, we must remain rational. Next, I will announce the next coin with ten-fold potential! It is better to grasp it than to guess blindly! Like + leave a message, free sharing.
