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“Who Let the DOGE Out?” Elon Musk Shouts Out Dogecoin on Christmas Day
Elon Musk’s latest tweet has sent shockwaves through the cryptocurrency community, as the billionaire and CEO of SpaceX and Tesla tweeted “Who let the DOGE out?” on Christmas Day. This is not the first time that Musk has shown his support for Dogecoin (DOGE), a meme-based cryptocurrency that has gained a significant following in recent years.
Musk’s tweet seems to have sparked widespread interest and debate among investors, with many speculating that this could potentially have bullish implications for the price of DOGE. Some are even drawing parallels between Musk’s earlier tweets about DOGE and subsequent price surges.
For those who may not be familiar, Musk’s previous tweets in February 2021 referencing Dogecoin led to a significant surge in its value. While it is impossible to predict with certainty whether this will happen again, many enthusiasts are holding their breath as they hope that the billionaire’s latest tweet could have similar effects.
While there is no guarantee that DOGE’s price will follow suit, some traders and analysts believe that Musk’s influence could be enough to drive a massive upswing in value.
Source: thecryptobasic.com
