đđDogecoin (DOGE) Elun Musk and Trump Effect! Price Moved! đđ
Dogecoin$DOGE
(DOGE) has experienced remarkable price movements in recent days thanks to Elon Musk and Donald Trump's social media posts. While Musk and Trump's references to Dogecoin created excitement in the cryptocurrency world, the purchase of 1.5 billion DOGE by major investors led to sudden increases in prices.
Elon Musk shared a poster with Donald Trump and shared a post titled "Department of Government Efficiency" (D.O.G.E). This post, which featured a Shiba Inu dog figure, attracted great interest in the Dogecoin community. Trump's retweet of this post caused a 3.68% increase in the price of DOGE. However, this rise was short-lived and the price fell by 4% to $0.1217.
Another important factor behind Dogecoin's recent price movements was the massive DOGE purchase made by large investors. As a result of a transaction of approximately $176 million, whales purchased 1.5 billion DOGE. This large purchase is considered to be one of the main reasons for the sudden increases in Dogecoin prices. Dogecoin creator Billy Markus also emphasized that this purchase may be related to price fluctuations.
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