Binance Square
DogeLove
4,986 views
19 Posts
Hot
Latest
LIVE
LIVE
raiaan666
--
LIVE
--
Bullish
$DOGE Dogecoin (DOGE) Soars to New Heights! Hold on tight, Doge enthusiasts!Dogecoin (DOGE) is currently experiencing a meteoric rise, surging by an impressive +5.64% in the last 24 hours. The price has reached $0.43181, and the momentum shows no signs of slowing down! 24h High: $0.48000 24h Low: $0.39480 24h Volume (DOGE): 8.47B 24h Volume (USDT): 3.76B What are your predictions for Dogecoin's future? This post is for informational purposes only and does not constitute financial advice. Please do your own research before making any investment decisions. #doge⚡ #DogecoinCommunity #DogeForever #DogeLove {future}(DOGEUSDT)
$DOGE
Dogecoin (DOGE) Soars to New Heights!
Hold on tight, Doge enthusiasts!Dogecoin (DOGE) is currently experiencing a meteoric rise, surging by an impressive +5.64% in the last 24 hours. The price has reached $0.43181, and the momentum shows no signs of slowing down!
24h High: $0.48000
24h Low: $0.39480
24h Volume (DOGE): 8.47B
24h Volume (USDT): 3.76B
What are your predictions for Dogecoin's future?

This post is for informational purposes only and does not constitute financial advice. Please do your own research before making any investment decisions.
#doge⚡
#DogecoinCommunity
#DogeForever
#DogeLove
Thank You Kabosu Aka $doge, 🐕🌟 Thanks for the inspiration for the crypto meme. 💡📈 Your unforgettable face and charm have brought happiness to millions around the world, especially crypto community. 😊🌍 Without you, the internet wouldn't be the same, and the world of cryptocurrency memes would lack its most iconic symbol. 🌐💸 Your legacy will continues to inspire creativity and laughter, proving that sometimes, the simplest things can have the most profound impact. 🎨😂 #DogeLove #CryptoMeme #IconicDoge #KabosuInspiration #MemeLegend
Thank You Kabosu Aka $doge, 🐕🌟

Thanks for the inspiration for the crypto meme. 💡📈

Your unforgettable face and charm have brought happiness to millions around the world, especially crypto community. 😊🌍

Without you, the internet wouldn't be the same, and the world of cryptocurrency memes would lack its most iconic symbol. 🌐💸

Your legacy will continues to inspire creativity and laughter, proving that sometimes, the simplest things can have the most profound impact. 🎨😂

#DogeLove #CryptoMeme #IconicDoge #KabosuInspiration #MemeLegend
🚀🐕 Why Dogecoin Price is About to Go Parabolic 🚀 Dogecoin Surges 5.5% Dogecoin surged 5.5% to $0.144 during Saturday trading, outperforming the broader market. Elon Musk's mention of "D.O.G.E." at a Trump campaign event fueled renewed investor excitement, breaking a 4-month consolidation. 📈 Parabolic Rally in Progress DOGE has rallied 36%, driven by Musk’s influence and the breakout above $0.143 resistance. This mirrors a similar pattern from 2021, where a 29,111% surge occurred. If history repeats, DOGE could rally 700%, reaching $1.17. 💪 Buyers Strengthening DOGE reclaiming its weekly exponential moving averages (20, 50, 100, and 200) signals strong buyer momentum, suggesting further gains could follow. 🐕 Dogecoin: The “Bitcoin of Memes” Crypto analyst DonAlt called Dogecoin the “Bitcoin of memes,” highlighting its cultural significance. He hinted at a bullish future, reminiscing about his involvement with DOGE since 2014 and joking about ending his trading career with DOGE in 2025. 📉 Possible Pullback Ahead Santiment data shows Dogecoin's 30-day MVRV ratio at 19.7%, indicating traders are making gains. Historically, high MVRV values suggest a local market top. A pullback could occur, but staying above the 200-week EMA will be key to maintaining bullish momentum. #DogeLove #doge⚡ #priceprediction #Priceanalysis #DogecoinCommunity
🚀🐕 Why Dogecoin Price is About to Go Parabolic

🚀 Dogecoin Surges 5.5%
Dogecoin surged 5.5% to $0.144 during Saturday trading, outperforming the broader market. Elon Musk's mention of "D.O.G.E." at a Trump campaign event fueled renewed investor excitement, breaking a 4-month consolidation.

📈 Parabolic Rally in Progress
DOGE has rallied 36%, driven by Musk’s influence and the breakout above $0.143 resistance. This mirrors a similar pattern from 2021, where a 29,111% surge occurred. If history repeats, DOGE could rally 700%, reaching $1.17.

💪 Buyers Strengthening
DOGE reclaiming its weekly exponential moving averages (20, 50, 100, and 200) signals strong buyer momentum, suggesting further gains could follow.

🐕 Dogecoin: The “Bitcoin of Memes”
Crypto analyst DonAlt called Dogecoin the “Bitcoin of memes,” highlighting its cultural significance. He hinted at a bullish future, reminiscing about his involvement with DOGE since 2014 and joking about ending his trading career with DOGE in 2025.

📉 Possible Pullback Ahead
Santiment data shows Dogecoin's 30-day MVRV ratio at 19.7%, indicating traders are making gains. Historically, high MVRV values suggest a local market top. A pullback could occur, but staying above the 200-week EMA will be key to maintaining bullish momentum.

#DogeLove #doge⚡ #priceprediction #Priceanalysis #DogecoinCommunity
$DOGE As of now, Dogecoin (DOGE) is trading at $0.14001. Market sentiment shows mixed signals; while there are bullish long-term predictions, the immediate outlook is somewhat bearish. Short-term technical indicators suggest a sell, particularly with the RSI indicating overbought conditions at 81.96. Analysts expect Dogecoin to fluctuate around its current price in the coming weeks, with a target price of approximately $0.14 for the near term. In summary, despite optimistic long-term forecasts projecting a rise to $0.36 by the end of 2025, caution is warranted in the short term due to current market conditions. A suggested sell price might be around $0.14001, with a potential short-term target to watch closely around $0.12. #DogecoinCommunity #doge⚡ #DogeStrong #Dogepriceprediction #DogeLove $DOGE
$DOGE As of now, Dogecoin (DOGE) is trading at $0.14001. Market sentiment shows mixed signals; while there are bullish long-term predictions, the immediate outlook is somewhat bearish. Short-term technical indicators suggest a sell, particularly with the RSI indicating overbought conditions at 81.96. Analysts expect Dogecoin to fluctuate around its current price in the coming weeks, with a target price of approximately $0.14 for the near term.

In summary, despite optimistic long-term forecasts projecting a rise to $0.36 by the end of 2025, caution is warranted in the short term due to current market conditions. A suggested sell price might be around $0.14001, with a potential short-term target to watch closely around $0.12.
#DogecoinCommunity #doge⚡ #DogeStrong #Dogepriceprediction #DogeLove $DOGE
$DOGE Dogecoin (DOGE) Analysis - October 27, 2024 As of today, Dogecoin (DOGE) is trading at $0.13863, showing resilience amidst a mixed crypto market. The recent spike in social media activity surrounding DOGE hints at renewed interest, which often translates to bullish momentum. Additionally, the broader market sentiment seems to favor meme coins, further supporting DOGE's potential for growth. Technically, DOGE is currently testing a key resistance level around $0.14. If it can break through this, a target price of $0.15 is realistic in the near term. Conversely, a drop below $0.135 could signal a bearish trend, with a sell price target around $0.130. Overall, the indicators suggest a bullish outlook for DOGE in the short term, provided it maintains momentum above the support level. Investors should watch for volume spikes to confirm this trend. #doge⚡ #DogecoinCommunity #DOGE原型柴犬KABOSU去世 #Dogepriceprediction #DogeLove $DOGE
$DOGE Dogecoin (DOGE) Analysis - October 27, 2024

As of today, Dogecoin (DOGE) is trading at $0.13863, showing resilience amidst a mixed crypto market. The recent spike in social media activity surrounding DOGE hints at renewed interest, which often translates to bullish momentum. Additionally, the broader market sentiment seems to favor meme coins, further supporting DOGE's potential for growth.

Technically, DOGE is currently testing a key resistance level around $0.14. If it can break through this, a target price of $0.15 is realistic in the near term. Conversely, a drop below $0.135 could signal a bearish trend, with a sell price target around $0.130.

Overall, the indicators suggest a bullish outlook for DOGE in the short term, provided it maintains momentum above the support level. Investors should watch for volume spikes to confirm this trend.
#doge⚡ #DogecoinCommunity #DOGE原型柴犬KABOSU去世 #Dogepriceprediction #DogeLove $DOGE
$DOGE **Dogecoin (DOGE) Analysis - October 28, 2024** As of today, Dogecoin is showing signs of bullish sentiment. Despite a volatile market, the recent adoption trends and community engagement suggest potential for upward movement. The integration of DOGE into various platforms and its continued presence in meme culture keeps it relevant and appealing to investors. Current Price: **$0.14257** **Target Price for October 28, 2024:** **$0.15** **Sell Price Recommendation:** **$0.148** The outlook for DOGE remains optimistic, especially with broader market trends favoring meme coins and increased attention from new investors. Keep an eye on market fluctuations and community developments for future movement. #doge⚡ #DogecoinCommunity #DogeForever #Dogepriceprediction #DogeLove $DOGE
$DOGE **Dogecoin (DOGE) Analysis - October 28, 2024**

As of today, Dogecoin is showing signs of bullish sentiment. Despite a volatile market, the recent adoption trends and community engagement suggest potential for upward movement. The integration of DOGE into various platforms and its continued presence in meme culture keeps it relevant and appealing to investors.

Current Price: **$0.14257**
**Target Price for October 28, 2024:** **$0.15**
**Sell Price Recommendation:** **$0.148**

The outlook for DOGE remains optimistic, especially with broader market trends favoring meme coins and increased attention from new investors. Keep an eye on market fluctuations and community developments for future movement.
#doge⚡ #DogecoinCommunity #DogeForever #Dogepriceprediction #DogeLove $DOGE
$DOGE Today, Dogecoin (DOGE) is seeing mixed sentiment. Given its current price at $0.16498, it’s leaning slightly bearish. Market trends show DOGE facing resistance near the $0.17 level, and unless it sees a surge in volume, breaking above this point may be challenging. However, strong support exists around $0.16, which could prevent any sharp declines if broader crypto markets stabilize. **Analysis Summary:** - **Current Price:** $0.16498 - **Target Price:** $0.17 - **Sell Price:** If it struggles to surpass $0.17, consider selling near $0.168 - **Key Levels:** Resistance at $0.17, support at $0.16 Watch for news that could influence the meme coin market or boost speculative interest, as these factors often drive short-term DOGE moves. #doge⚡ #DogecoinCommunity #Dogepriceprediction #DogeLove #DogecoinCommunity $DOGE
$DOGE Today, Dogecoin (DOGE) is seeing mixed sentiment. Given its current price at $0.16498, it’s leaning slightly bearish. Market trends show DOGE facing resistance near the $0.17 level, and unless it sees a surge in volume, breaking above this point may be challenging. However, strong support exists around $0.16, which could prevent any sharp declines if broader crypto markets stabilize.

**Analysis Summary:**
- **Current Price:** $0.16498
- **Target Price:** $0.17
- **Sell Price:** If it struggles to surpass $0.17, consider selling near $0.168
- **Key Levels:** Resistance at $0.17, support at $0.16

Watch for news that could influence the meme coin market or boost speculative interest, as these factors often drive short-term DOGE moves.
#doge⚡ #DogecoinCommunity #Dogepriceprediction #DogeLove #DogecoinCommunity $DOGE
$DOGE Dogecoin (DOGE) Analysis: Bullish Sentiment As of today, Dogecoin (DOGE) is showing bullish momentum, trading at $0.16652. The recent increase in social media interest and endorsements from influential figures are fueling optimism among investors. Additionally, the broader cryptocurrency market is stabilizing, which often benefits meme coins like DOGE. On the technical front, DOGE is approaching key resistance levels. A successful break above $0.17 could pave the way for a rally towards $0.20. ### Target Price for October 31 - **Target Price:** $0.20 - **Sell Price:** $0.19 With the current price at $0.16652, there’s potential for gains, especially if the bullish trend continues in the upcoming days. Investors should keep an eye on market sentiment and any potential news that may impact DOGE's trajectory. #doge⚡ #DogecoinCommunity #Dogepriceprediction #DogeLove $DOGE
$DOGE Dogecoin (DOGE) Analysis: Bullish Sentiment

As of today, Dogecoin (DOGE) is showing bullish momentum, trading at $0.16652. The recent increase in social media interest and endorsements from influential figures are fueling optimism among investors. Additionally, the broader cryptocurrency market is stabilizing, which often benefits meme coins like DOGE.

On the technical front, DOGE is approaching key resistance levels. A successful break above $0.17 could pave the way for a rally towards $0.20.

### Target Price for October 31

- **Target Price:** $0.20
- **Sell Price:** $0.19

With the current price at $0.16652, there’s potential for gains, especially if the bullish trend continues in the upcoming days. Investors should keep an eye on market sentiment and any potential news that may impact DOGE's trajectory.
#doge⚡ #DogecoinCommunity #Dogepriceprediction #DogeLove $DOGE
$DOGE Today, Dogecoin (DOGE) is showing mixed signals. DOGE has maintained a steady price around $0.16201, but a lack of major developments could make the asset vulnerable to market trends. Bulls might see potential if it holds above the $0.16 level, with a target price of $0.18 by November 1st, as enthusiasm around memecoins remains strong in specific investor circles. However, if support weakens below $0.15, bearish sentiment may take over, pushing DOGE down to the $0.14 range. For those looking to buy, the current price offers an opportunity but only with caution. In summary, it's a cautious *neutral-bullish* outlook, depending on DOGE’s ability to hold its current support. #doge⚡ #DogecoinCommunity #Dogepriceprediction #DogeLove $DOGE
$DOGE Today, Dogecoin (DOGE) is showing mixed signals. DOGE has maintained a steady price around $0.16201, but a lack of major developments could make the asset vulnerable to market trends. Bulls might see potential if it holds above the $0.16 level, with a target price of $0.18 by November 1st, as enthusiasm around memecoins remains strong in specific investor circles.

However, if support weakens below $0.15, bearish sentiment may take over, pushing DOGE down to the $0.14 range. For those looking to buy, the current price offers an opportunity but only with caution. In summary, it's a cautious *neutral-bullish* outlook, depending on DOGE’s ability to hold its current support.
#doge⚡ #DogecoinCommunity #Dogepriceprediction #DogeLove $DOGE
$DOGE As of November 4, 2024, many analysts are leaning bullish on Dogecoin (DOGE), noting its growing acceptance and the recent trends in meme-based cryptocurrencies. The current price is $0.15706, showing resilience despite market fluctuations. Analysts suggest a target price of $0.20, with a recommended buy price around $0.15 to capitalize on potential gains. The sentiment in the crypto community remains optimistic, fueled by social media activity and endorsements from influential figures. **New Article:** **Dogecoin’s Resurgence: Analysts Remain Bullish** Today, Dogecoin (DOGE) stands at $0.15706, with analysts expressing optimism about its potential. The coin's community-driven nature and recent endorsements have sparked renewed interest. Experts predict a target price of $0.20, suggesting investors consider buying at $0.15. This bullish outlook is supported by increasing adoption and a vibrant social media presence, indicating that DOGE may continue its upward trajectory. As always, investors should conduct thorough research and consider market conditions before making decisions. #doge⚡ #DogecoinCommunity #DOGE原型柴犬KABOSU去世 #Dogepriceprediction #DogeLove $DOGE
$DOGE As of November 4, 2024, many analysts are leaning bullish on Dogecoin (DOGE), noting its growing acceptance and the recent trends in meme-based cryptocurrencies. The current price is $0.15706, showing resilience despite market fluctuations. Analysts suggest a target price of $0.20, with a recommended buy price around $0.15 to capitalize on potential gains. The sentiment in the crypto community remains optimistic, fueled by social media activity and endorsements from influential figures.

**New Article:**

**Dogecoin’s Resurgence: Analysts Remain Bullish**

Today, Dogecoin (DOGE) stands at $0.15706, with analysts expressing optimism about its potential. The coin's community-driven nature and recent endorsements have sparked renewed interest. Experts predict a target price of $0.20, suggesting investors consider buying at $0.15. This bullish outlook is supported by increasing adoption and a vibrant social media presence, indicating that DOGE may continue its upward trajectory. As always, investors should conduct thorough research and consider market conditions before making decisions.
#doge⚡ #DogecoinCommunity #DOGE原型柴犬KABOSU去世 #Dogepriceprediction #DogeLove $DOGE
Is Dogecoin's recovery coming? Bullish indicators emerge #dogeburn Dogecoin is slowly seeing a rebound. If this trend sustains, DOGE can reclaim the $0.10 mark soon. #DogeStrong • Dogecoin has shown signs of recovery after a recent dip, with analysts pointing to bullish reversal patterns. • A potential MACD crossover and RSI suggested a possible surge in Dogecoin’s price. $SOL Dogecoin [DOGE], the popular meme-based cryptocurrency, has seen a noticeable decline in its price over the past week, dropping by 5%. However, the asset was showing signs of recovery, with a 1% increase in the past day, bringing its trading price to $0.1008 at the time of writing. This marked a significant rebound from the lows of $0.096 recorded earlier this week. Technical outlook on Dogecoin #DogeLove Amid these price movements, several crypto analysts have shared their insights on Dogecoin’s future price action. {future}(DOGEUSDT) Among them is the well-known crypto analyst Trader Tardigrade, who expressed a bullish outlook in a post on X (formerly Twitter). He pointed out a potential bullish reversal for Dogecoin, highlighting a “Diamond Reversal Pattern” on the DOGE H4 chart.  According to Tardigrade, this pattern indicated that Dogecoin may have reached its bottom in the current downtrend. {future}(DOGSUSDT) A bullish crossover in the MACD (Moving Average Convergence Divergence) is likely to happen soon, which could signal a strong upward move for the asset. The Diamond Reversal Pattern is a technical analysis chart pattern that signals a potential reversal in a security’s price trend. {spot}(DOTUSDT) Typically, this pattern forms after a prolonged trend, either bullish or bearish, and resembles a diamond shape on the chart. The pattern begins with a widening price range that eventually narrows, forming a diamond. #DogeForever A breakout from this pattern, usually in the opposite direction of the prior trend, indicates a potential reversal.
Is Dogecoin's recovery coming? Bullish indicators emerge #dogeburn

Dogecoin is slowly seeing a rebound. If this trend sustains, DOGE can reclaim the $0.10 mark soon.
#DogeStrong
• Dogecoin has shown signs of recovery after a recent dip, with analysts pointing to bullish reversal patterns.

• A potential MACD crossover and RSI suggested a possible surge in Dogecoin’s price.
$SOL
Dogecoin [DOGE], the popular meme-based cryptocurrency, has seen a noticeable decline in its price over the past week, dropping by 5%.

However, the asset was showing signs of recovery, with a 1% increase in the past day, bringing its trading price to $0.1008 at the time of writing. This marked a significant rebound from the lows of $0.096 recorded earlier this week.

Technical outlook on Dogecoin #DogeLove

Amid these price movements, several crypto analysts have shared their insights on Dogecoin’s future price action.

Among them is the well-known crypto analyst Trader Tardigrade, who expressed a bullish outlook in a post on X (formerly Twitter).

He pointed out a potential bullish reversal for Dogecoin, highlighting a “Diamond Reversal Pattern” on the DOGE H4 chart. 

According to Tardigrade, this pattern indicated that Dogecoin may have reached its bottom in the current downtrend.

A bullish crossover in the MACD (Moving Average Convergence Divergence) is likely to happen soon, which could signal a strong upward move for the asset.

The Diamond Reversal Pattern is a technical analysis chart pattern that signals a potential reversal in a security’s price trend.

Typically, this pattern forms after a prolonged trend, either bullish or bearish, and resembles a diamond shape on the chart. The pattern begins with a widening price range that eventually narrows, forming a diamond. #DogeForever

A breakout from this pattern, usually in the opposite direction of the prior trend, indicates a potential reversal.
LIVE
--
Bullish
#doge⚡ chart shows a descending channel, with strong support around $0.1100 and resistance at $0.1800. The price is currently near the support zone. A breakout above the channel could target the $0.1800 resistance. The RSI indicates potential oversold conditions, suggesting a possible rebound. Watch for volume spikes to confirm any breakout or breakdown. #DogecoinCommunity #DogeForever #DogeStrong #DogeLove {future}(DOGEUSDT)
#doge⚡ chart shows a descending channel, with strong support around $0.1100 and resistance at $0.1800. The price is currently near the support zone. A breakout above the channel could target the $0.1800 resistance. The RSI indicates potential oversold conditions, suggesting a possible rebound. Watch for volume spikes to confirm any breakout or breakdown. #DogecoinCommunity #DogeForever #DogeStrong #DogeLove
#trumpcoin Trump Launches New ‘America First’ Digital Trading Cards Former President Donald Trump has announced the release of his latest set of digital trading cards, branded as the "America First" collection Building on the success of his previous digital ventures, these new cards offer exclusive experiences and memorabilia for buyers. They capture the spirit of Trump’s presidency and ongoing influence. Let’s discover more about these digital trading cards. Exclusive Rewards and Memorabilia for Trump Supporters #MegadropLista For those who purchase 15 cards, there’s a special reward: a piece of Trump’s iconic “KNOCKOUT” debate suit. Also, for those willing to invest more, users can purchase 75 cards or more opens the door to a once-in-a-lifetime opportunity: a Gala Dinner with President Trump himself. This gala, set to be held at one of Trump’s private country clubs, promises to be an event full of grandeur, offering attendees a rare chance to dine and interact with the former President in an intimate setting. #DogeLove Beyond the dinner, buyers of these digital cards can also score limited edition Trump sneakers, physical trading cards, and even 1-of-1 Trump NFTs. These one-of-a-kind digital assets represent a new frontier in Trump’s merchandise strategy, merging traditional collectibles with modern technology.#TelegramCEO For the ultimate Trump supporter, the top-tier offer is especially enticing. Purchasing 75 or 250 digital trading cards in a single transaction grants you both a dinner with the President and a piece of the actual suit from one of his most famous debates.
#trumpcoin Trump Launches New ‘America First’ Digital Trading Cards

Former President Donald Trump has announced the release of his latest set of digital trading cards, branded as the "America First" collection

Building on the success of his previous digital ventures, these new cards offer exclusive experiences and memorabilia for buyers.

They capture the spirit of Trump’s presidency and ongoing influence. Let’s discover more about these digital trading cards.

Exclusive Rewards and Memorabilia for Trump Supporters #MegadropLista

For those who purchase 15 cards, there’s a special reward: a piece of Trump’s iconic “KNOCKOUT” debate suit. Also, for those willing to invest more, users can purchase 75 cards or more opens the door to a once-in-a-lifetime opportunity: a Gala Dinner with President Trump himself.

This gala, set to be held at one of Trump’s private country clubs, promises to be an event full of grandeur, offering attendees a rare chance to dine and interact with the former President in an intimate setting. #DogeLove

Beyond the dinner, buyers of these digital cards can also score limited edition Trump sneakers, physical trading cards, and even 1-of-1 Trump NFTs. These one-of-a-kind digital assets represent a new frontier in Trump’s merchandise strategy, merging traditional collectibles with modern technology.#TelegramCEO

For the ultimate Trump supporter, the top-tier offer is especially enticing. Purchasing 75 or 250 digital trading cards in a single transaction grants you both a dinner with the President and a piece of the actual suit from one of his most famous debates.
Court Dismisses Dogecoin Manipulation Claims Against Elon Musk and Tesla #DogeLove DogecoinElon Musk US District Judge Alvin Hellerstein said Musk’s tweets about Dogecoin were "aspirational and puffery, not factual and susceptible to being falsified." Elon Musk, along with Tesla, his EV company, successfully dismissed a federal lawsuit that accused them of manipulating Dogecoin, resulting in considerable financial losses for investors. US District Judge Alvin Hellerstein in Manhattan made the ruling on Aug. 29, a court filing shows. Investors sued Musk and Tesla in June 2022. At the time, Musk faced accusations of manipulating Dogecoin’s price by using his influence through Twitter posts, appearances on “Saturday Night Live,” and other publicity stunts. Allegedly, he sold Dogecoin during times when his actions, such as changing Twitter’s logo to the Dogecoin Shiba Inu dog, were expected to increase its value. This strategy allegedly allowed him to profit from insider trading. Further, the lawsuit claimed Musk deliberately manipulated the market through public endorsements and statements about Dogecoin, which misled investors. Also, the suit labeled these actions as “puffery” rather than based on facts. Elon Musk Calls Dogecoin Lawsuit ‘Fanciful Work of Fiction’ As a result, the plaintiffs demanded $258b in damages, citing an alleged drop in Dogecoin’s value due to Musk’s influence. But on March 31, 2023, Musk moved to dismiss the lawsuit. In his defense, Musk’s legal team described the claims and the $258b damage request as a “fanciful work of fiction.” As a result, they argued for the case to be thrown out. {spot}(DOGEUSDT) Judge Rules Musk’s Dogecoin Tweets Were ‘Puffery,’ Dismisses Fraud Allegations The judge pointed out that the defendants misinterpreted several of Musk’s tweets about Dogecoin. For example, they misrepresented his claim of becoming Dogecoin’s official CEO and his plan to send a physical Dogecoin to the moon on a SpaceX vehicle.
Court Dismisses Dogecoin Manipulation Claims Against Elon Musk and Tesla
#DogeLove
DogecoinElon Musk

US District Judge Alvin Hellerstein said Musk’s tweets about Dogecoin were "aspirational and puffery, not factual and susceptible to being falsified."

Elon Musk, along with Tesla, his EV company, successfully dismissed a federal lawsuit that accused them of manipulating Dogecoin, resulting in considerable financial losses for investors.

US District Judge Alvin Hellerstein in Manhattan made the ruling on Aug. 29, a court filing shows.

Investors sued Musk and Tesla in June 2022. At the time, Musk faced accusations of manipulating Dogecoin’s price by using his influence through Twitter posts, appearances on “Saturday Night Live,” and other publicity stunts.

Allegedly, he sold Dogecoin during times when his actions, such as changing Twitter’s logo to the Dogecoin Shiba Inu dog, were expected to increase its value. This strategy allegedly allowed him to profit from insider trading.

Further, the lawsuit claimed Musk deliberately manipulated the market through public endorsements and statements about Dogecoin, which misled investors. Also, the suit labeled these actions as “puffery” rather than based on facts.

Elon Musk Calls Dogecoin Lawsuit ‘Fanciful Work of Fiction’

As a result, the plaintiffs demanded $258b in damages, citing an alleged drop in Dogecoin’s value due to Musk’s influence.

But on March 31, 2023, Musk moved to dismiss the lawsuit. In his defense, Musk’s legal team described the claims and the $258b damage request as a “fanciful work of fiction.” As a result, they argued for the case to be thrown out.

Judge Rules Musk’s Dogecoin Tweets Were ‘Puffery,’ Dismisses Fraud Allegations

The judge pointed out that the defendants misinterpreted several of Musk’s tweets about Dogecoin. For example, they misrepresented his claim of becoming Dogecoin’s official CEO and his plan to send a physical Dogecoin to the moon on a SpaceX vehicle.
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number