Elon Musk's tweet pumps Dogecoin over 15% in less than 10 minutes

in hive-175254 •  4 years ago 

 

f631266dbcd8ebfe39780d3ee12f3c8b0c38671c4938f9d3816108b611f86581.png

In the early hours of 20th December 2020 Elon Musk with over 40 million follower base on Twitter has started tweeting about Cryptocurrencies, presumably looking for fun in terms of the lovely memes our community is known of in the replies, as a side effect triggering not only meme action but also price action movement.

 

37da65657c8409b42698966c87d0b73610f22f9d6a6f004fcbcb089f71e2ad48.png

  • Although the Bitcoin related tweets haven't triggered any significant price action volatility, the final tweet from Musk about Doge has triggered a significant surge on volume and volatility
  • The Dogecoin USDT pair on Binance has noticed a gain of over 15% within 10 minutes of Elon posting the tweet and has since temporarily settled above those gains despite Bitcoin currently slightly losing on price.

f631266dbcd8ebfe39780d3ee12f3c8b0c38671c4938f9d3816108b611f86581.png

530e02a78d00be384b0512a627f2a7d77a1703174b35668d043eeec6762b6a6f.png

  • Furthermore, the icing on the cake comes from Elon changing his current biography with the Twitter profile currently simply stating that Musk is a "Former CEO of Dogecoin"

ecccedbeea15139baa1acb47ceed354a29d5c0721bab707cb3438f3de3f22e5c.png

 

Related Reading
Ongoing crypto free earn campaigns:
Other crypto gateways:

Most popular & rewarding exchanges currently include SwissborgBinanceCoinbaseCelsius & Crypto.com

For industry standard secure hardware wallets consider using Ledger or Trezor to keep your funds safe.

 

Resources:

 

 

This post was originally posted on publish0x
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

It is the sample of how a personality can influence the world, and that you must have a lot of responsibility and caution with what is said because it can cause a lot of damage.

Elon Musk - world opinion leader!