Bitcoin prices took an abrupt nosedive on Thursday evening following news of massive sell-offs in the hundreds of millions, sparking a widespread downturn in both futures and spot markets.
Elon Musk Dogecoin Announcement
Elon Musk Dogecoin Announcement latest news, images, analysis about Jun 20, 2022 · “I will keep supporting Dogecoin,” Musk tweeted on Sunday. When a Twitter user replied by saying Musk should “keep buying it” to show his support, the billionaire replied, “I …
Suggest for Elon Musk Dogecoin Announcement
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'Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.'
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Data indicates that one token experienced an astonishing 1,200% surge despite its associated project being terminated in May.
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FAQs for Elon Musk Dogecoin Announcement
Did Elon Musk buy bitcoin?
Tesla, the electric car company run by the world’s richest person, Elon Musk, revealed on Monday that it had bought $1.5bn (£1.1bn) in bitcoin and said it might soon accept payment in the popular but controversial cryptocurrency.
Did Elon Musk buy Doge?
The purchase did well to boost cryptos across the board as well; that is, until Musk’s divorce from BTC led to a market-wide correction. Since then, Musk has been flirting heavily with DOGE and its supporters. Asking on Twitter if investors want him to add DOGE as a Tesla payment method, it’s clear that he’s quite fond of the coin.
How did Elon Musk impact bitcoin?
In brief
- When Elon Musk tweets about crypto, it seems that prices tend to rise.
- A study by the Blockchain Research Lab has shown that the events appear to be linked.
- In recent months, Musk's Twitter updates have impacted both Bitcoin and Dogecoin.
Does Tesla own Dogecoin?
Yes, absolutely Tesla have large amount of dogecoin as we known that dogecoin is just gone to moon due to the promotion by elon musk so elon has already hold the large amount of dogecoin of his own as he known that his promotion whould take the dogecoin to the moon and that can benifit elon musk very largely
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