Crypto

November 2, 2022

A Boy And His Doge

Unless you’ve been living under a rock or in Russia, you’re undoubtedly aware that Elon Musk’s takeover of Twitter has generated substantial waves over social media. And those waves extend into the cryptocurrency space, specifically Dogecoin ($DOGE.X). 

Whether Elon Musk is a true #Dogearmy persona or just the world’s greatest and most successful troll, any Tweet concerning Dogecoin has become synonymous with Elon Musk. And Musk isn’t one to shy from his love affair with Doge.

Elon spotted with a Doge T-shirt at Twitter HQ on November 1:

Elon’s Halloween Tweet with a Shiba Inu (the breed of dog on Dogecoin’s logo) wearing a Twitter t-shirt:

How has Dogecoin reacted to Elon Musk’s behavior? Well, when rumors flew last week that the final deal for Elon Musk to purchase Twitter would be finalized that Friday, Dogecoin did this:

DOGE/USD Daily Chart

From a fundamentals perspective, there are rumors that Dogecoin may be integrated with Twitter. But there are a lot of rumors going around since Elon’s takeover – we’ll keep you updated. 🐶

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