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Elon Musk’s post rescues Dogecoin (DOGE) from steep price decline
On September 7, 2024, Elon Musk, founder of Tesla, intervened just in time to save Dogecoin (DOGE) from a sharp price decline. As the broader cryptocurrency market faced bearish sentiment driven by large sell-offs from institutional investors and crypto “whales,” DOGE dropped below its key support level of $0.094, eventually touching a low of $0.088. Amid this downturn, Musk shared an AI-generated image of himself with the nickname “D.O.G.E.” on X (formerly Twitter), along with a reference to the Department of Government Efficiency. tweet This simple act of posting turned out to be crucial in halting ... (full story)
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- Posted: Sep 8, 2024 7:00pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 176
