Elon Musk lost his power? Posts about DOGE, nothing happens
Elon Musk actively supported the leading meme coin, Dogecoin (DOGE), throughout the previous cycle – from 2020 to the 2021 top. For over two years, DOGE’s price action closely followed Musk’s related posts on Twitter, positively reacting to the billionaire’s memes. However, things are apparently changing in the cryptocurrency world, with Dogecoin remaining neutral after a recent post on September 7. Elon Musk posted an artificial intelligence (AI)-generated picture saying D.O.G.E. on X (formerly Twitter). In this case, Dogecoin’s exchange ticker is an acronym for the “Department of Government Efficiency,” a title Donald Trump promised Musk if he is elected president of the United States in November. Trump has regained his leadership against Kamala Harris on prediction markets, as Finbold reported. Picks for you ...