⚠️📈 Elon Musk’s “Doge & Minidoge” Tweet—Trigger for Baby Doge Surge ?
Yesterday, a simple tweet from Elon Musk created a tsunami in the meme coin market. Baby Doge’s price surged >75% in just one day! Is this pure hype or is there fundamental potential? 🐕💨
On December 7, 2024, Elon Musk tweeted about “Doge & Minidoge,” significantly affecting the crypto market. The tweet, despite not explicitly mentioning Baby Doge, drove the token’s price up by over 75% in 24 hours.
This reflects the hype effect of Musk’s comments on Dogecoin-based meme tokens. The surge was also driven by community reactions that interpreted “Minidoge” to include tokens like Baby Doge, which had previously gained attention due to its name and association with Dogecoin
💬 Your thoughts:
1️⃣ Bullish vibes! Meme coins are becoming more dominant in the crypto world!
2️⃣ Caution ahead! Up due to tweet = potential for major correction.
Note: 🚨 Be careful if you buy just because of a pump—high risk if the trend starts to subside. Some are taking advantage of this moment to make a massive exit.
So, do your own research! 🔎Let's discuss in the comments column!👇
