Elon Musk’s Influence on Dogecoin Prices Remains Limited

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Coin-Turk 10 months ago 199

During the writing of this article, Elon Musk made several Dogecoin $0.414485-themed posts. However, the price of Dogecoin (DOGE ($0.18)) showed little reaction. Musk had previously triggered significant increases in Dogecoin prices by launching a department called D.O.G.E to balance government spending. Currently, updates related to this department do not have an immediate effect on the price. What predictions can be made for CHZ ($0.03), CEEK, and BONK ($0.00) Coin?

Dogecoin and CEEK Coin

While this article was being prepared, Musk stated, “DOGE is inevitable.” Following this, a visual featuring Dogecoin’s mascot was shared on the official Department Of Government Efficiency Community account. Nevertheless, the price of Dogecoin continues to stagnate. Previously, such indirect posts had substantial impacts on price movement.



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