Dogecoin Moon?

By Foxtrot991 | Foxhole | 6 Oct 2022


With Elon Musk recommitting to purchasing Twitter, speculation is mounting on how this could impact Dogecoin. 

Twitter's stock price jumped quickly with the news of Elon changing his mind again to purchase Twitter. Twitter stock rose so quickly on the news, trading was halted

twitter stock chart 10/5/22

 

Dogecoin rose as well today on the news, albeit not as quickly as Twitter stock did, jumping about 10% from $0.06 to $0.066. 

Elon has openly supported Dogecoin in the past, even mentioning that his son owns some dogecoin. So, with the Twitter deal back on and Elon potentially changing the trajectory of Twitter forever, do you think the same will be true of Dogecoin? Will we see Dogecoin explode in popularity more than it ever could without the support of the world's richest man? The last question we will never know but for the first question - Maybe die-hard fans will rejoice to see 1 Doge = $1? Only time will tell! 

 

**Not investment advice** DYOR

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Foxtrot991
Foxtrot991

SEO Professional with a passion for Cryptocurrency


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