The price of Dogecoin first began surging at the beginning of the year after Tesla founder Elon Musk began tweeting about it. Here's what you should know. Breaks record AGAIN in staggering rise DOGECOIN, the cryptocurrency supported by entrepreneur Elon Musk, has surged in recent days. The past three rejections all lead to at least 13% corrections. “Dogecoin is the people’s crypto,” he tweeted at the time. Holding $0.056 could quickly drive Dogecoin price towards the upper trendline at $0.063 again. And now the price of DOGE is going up. Dogecoin price today: How much is Dogecoin worth? — Elon Musk (@elonmusk) December 20, 2020. The price of Dogecoin first began surging at the beginning of the year after Tesla founder Elon Musk began tweeting about it. Elon Musk is Openly Promoting DogeCoin, Will This Help to Push it to $1, Prediction, Live Chart & Price Recently, the interpreted CEO of Dogecoin, Elon Musk announced a sale of a song on NFT’s and surprisingly, the deal was DOGE rather than USD. Dogecoin Price Analysis DOGE/USD Chart By TradingView. And now the price of DOGE is going up. Even though it started as a joke cryptocurrency in 2013 — inspired by an Internet meme in which “doge” became another term for “dog” — it has soared more than 5,000% since the start of the year. DOGECOIN, a cryptocurrency essentially based on a meme, surged in price today and got a boost from Tesla CEO Elon Musk when the tech founder tweeted a gif of the dog featured in the meme. The digital asset seems poised for a massive breakout towards $0.086. That guy loves the doge, and every time he tweets about it, the price goes up. Dogecoin [DOGE] has been in the market since 2013 and has only surged occasionally as a direct result of some form of hype around it. Musk Says ‘HODL’ Dogecoin! On Thursday, he tweeted: "Doge Barking at the Moon." The Dogecoin gauge from digitalcoinprice.com is more bullish, foreseeing the cost will average $0.073692 in March and reach $0.081293 before the finish of 2021. Dogecoin price had a spectacular rally in the past week which entered the asset in the top 10 cryptocurrency ranking list. The Dogecoin gauge from digitalcoinprice.com is more bullish, foreseeing the cost will average $0.073692 in March and reach $0.081293 before the finish of 2021. Source: Shutterstock Over the past 24 hours alone, Dogecoin has risen by more than 27%. Musk had previously been critical of the more established bitcoin, once calling it “BS” in a tweet. For the second time this week, Dogecoin has hit a milestone. Dogecoin Price Analysis DOGE/USD Chart By TradingView. Enjin Coin price is trading around the middle line of an ascending parallel channel. This was recently witnessed as the value of DOGE rose from $0.0069 to $0.1004 within a day. While we all know that correlation is not causation, we might still be able to quantify the causal effect of Elon Musk’s tweets on the price of Dogecoin. The interesting part was the spike was not influenced by interpreted CEO of Dogecoin and CEO of Tesla Motors, Elon Musk. Dogecoin price predictions are not at all slowing down as analysts continue to bump up their prices for the coin in 2021. Although the pump was planned by a group on Reddit, Elon Musk’s support […] Although the pump was planned by a group on Reddit, Elon Musk… In February, a series of tweets by the tech billionaire — who has more than 50 million followers on Twitter — had sent the bitcoin rival up more than 50% in trading. Considering that Musk recently made a $1.5 billion Bitcoin purchase for Tesla, his heavy focus on Dogecoin is rather odd. Yes, Elon Musk is tweeting about Dogecoin. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Contests & Promotions, Solvang grocery store sells winning $5 million scratcher, Dredging underway to clear the Santa Barbara Harbor entrance, SpaceX wins $2.9 billion NASA contract for lunar lander, Dogecoin briefly broke Robinhood’s crypto trading systems, GM and LG announce another $2.3 billion EV battery plant, Fyre Festival settlement may award ticketholders more than $7,000 each. Musk who has been consistently tweeting about the meme cryptocurrency for a while led to the all-time-high $0.065448, up about 35% from its 24-hour low of $0.048356, according to CoinDesk in early February. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. To achieve the target level of $1, bulls will have to gather enormous liquidity and maintain a highly bullish rally for multiple days. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. Dogecoin price is contained inside an ascending parallel channel on the hourly chart. Binance Coin price has been outperforming the entire market for the past two months, reaching a market capitalization of $90 billion. Despite reports that Reddit’s r/WallStreetBets was part of the reason behind Friday's Dogecoin spike, it’s Elon Musk who can once again take credit. Weather Forecast Breaking News January 28, 2021 8:56 pm. This was recently witnessed as the value of DOGE rose from $0.0069 to $0.1004 within a day. FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. The virtual currency, which features the face of a Shiba Inu dog as its logo, soared more than 100% to hit an all-time high of $0.298 Friday morning, according to cryptocurrency news and data provider Coindesk. This massive resistance trendline was broken in the past 12 hours, but DOGE lost it again. The digital asset had a brief consolidation period in the last 24 hours but could be aiming for the next leg up soon. While we all know that correlation is not causation, we might still be able to quantify the causal effect of Elon Musk’s tweets on the price of Dogecoin. Elon Musk has been trolling the crypto community many times, now he says that Dogecoin is the best crypto. Lorenzo Stroe Dogecoin price today: How much is Dogecoin worth? Driven by Musk’s tweets and response to the market, Dogecoin price has surged by over 78% in the past week. What Happened: … Cardano has established a new all-time high of $1.55 on April 14 and bulls aim for more now. Yes, Elon Musk is tweeting about Dogecoin. Dogecoin rocketed almost 200%. If you think of Dogecoin — the cryptocurrency based on a meme — you can’t help but also think of Elon Musk. Information on these pages contains forward-looking statements that involve risks and uncertainties. Fueled by Elon Musk's tweet, a lot of people bought large quantities of Dogecoin (DOGE), which drove up the prices from a 24 hour low of 0.062 dollars to 0.078, a 20 per cent rise in the price. That guy loves the doge, and every time he tweets about it, the price goes up. Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day. Tesla CEO and professional memer Elon Musk disclosed on Twitter today that he has bought Dogecoin for his zero-year-old baby, X Æ A-12.The tweet pumped the price of the meme coin. Elon Musk has 46 million Twitter followers, and while I would not trust the precise causal effect estimates we arrived at in this blog post, it seems pretty plausible to me that he could influence the price of Dogecoin by mere key strokes. Daily News Update Dogecoin had another massive 50% price explosion in the past 24 hours thanks to several tweets from Elon Musk. However, his latest tweet on Dogecoin sent a clear message that he likes Dogecoin. The majority of this is influenced by Musk’s comments and followed by FOMO and … On Thursday, he tweeted: "Doge Barking at the Moon." Dogecoin (DOGE) was trading at around the 13 cent mark at press time on Wednesday night after a day of frothy price movements. Yet again, the richest man in the world SpaceX is going to put a literal Dogecoin on the literal moon. Late Wednesday evening, the Tesla CEO tweeted artwork of a dog and a moon captioned “Doge Barking at the Moon.” In crypto parlance, “moon” refers to a rapidly rising price. The most substantial support level is located at $0.056, which coincides with the 50-SMA and the 100-SMA. Dogecoin is up about 850% in 2021 to press time, with surge primarily coming early in the year driven by Musk. What does this mean for Dogecoin price predictions? It started out as a joke. Dogecoin price has a massive spike from $0.053 to $0.071 in just one hour. Dogecoin jumped as much as 35% in 24 hours as Tesla CEO Elon Musk tweeted about the cryptocurrency. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. Elon Musk, a notorious Twitter troll and the world’s richest man, appears to be having more fun stirring up controversy in the cryptocurrency space. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Dogecoin rocketed almost 200%. Dogecoin price has struggled to climb above $0.063 since February 15. Musk driving Dogecoin price to the moon. Tesla Inc. co-founder Elon Musk returned from his self-imposed Twitter break to send a series of tweets about joke cryptocurrency Dogecoin. Still, the $1 prediction for Dogecoin is far away. Tesla Inc. co-founder Elon Musk returned from his self-imposed Twitter break to send a series of tweets about joke cryptocurrency Dogecoin. The spike in price was immediately after the famous Tesla executive Elon Musk tweeted: SpaceX is going to put a literal Dogecoin on the literal moon — Elon Musk (@elonmusk) April 1, 2021 On Thursday, he tweeted: "Doge Barking at the Moon." When a well-known graphic designer specialized in digital artwork, Mike Winkelmann AKA BEEPLE, offered $60M, Elon Musk replied to close the deal with 420 million DOGE. Despite reports that Reddit’s r/WallStreetBets was part of the reason behind Friday's Dogecoin spike, it’s Elon Musk who can once again take credit. If ENJ slices through the supply barrier at $3.59, an additional 10% upswing will push it to $3.98. On the other hand, the In/Out of the Money Around Price (IOMAP) chart shows relatively weak resistance ahead in comparison to the support DOGE has. Both investors and traders are taking a breather after the massive 800 percent rise in Dogecoin price. The latest boost comes after Tesla CEO Elon Musk, Dogecoin’s most important fan, said “Doge Barking at the moon” in a tweet. Skip to content ... — Elon Musk (@elonmusk) April 10, 2021. What do the latest #DogeDay tweets from Elon Musk and Slim Jim mean for Dogecoin price predictions. Bitcoin price hitting a new all-time high and Coinbase’s direct listing are perhaps two of the most important developments surrounding the pioneer cryptocurrency over the past week. Dogecoin (DOGE) was trading at around the 13 cent mark at press time on Wednesday night after a day of frothy price movements. Elon Musk’s tweets on Thursday may also be the reason: Musk turned the already increase in prices of Dogecoin by posting a painting, captioning it – a ‘Doge Barking at the Moon.’And then the price of the cryptocurrency also jumped, well on its way ‘to the moon.’ The painting is ‘Dog Barking at the Moon’ by painting by Spanish painter and sculptor Joan Miró. Doge price shows slow movement. Again. Dogecoin spiked roughly 200% to another record on Friday after an inscrutable Elon Musk tweet appeared to reference it. Dogecoin, the memecoin named by Tesla TSLA +3.7% billionaire Elon Musk as his 'fav' cryptocurrency, has soared over the last few days. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The price rose from $0.00882 to an astonishing $0.07360. Musk said that his SpaceX would be taking Dogecoin (CCC: DOGE) to the “literal” moon. Doge price shows slow movement. Dogecoin price soars more than 100% to new record after Elon Musk tweets For the second time this week, Dogecoin has hit a milestone. Driven by Musk’s tweets and response to the market, Dogecoin price has surged by over 78% in the past week. At the time of writing this article, the Dogecoin price stands at 0.256 dollars. Elon Musk has been trolling the crypto community many times, now he says that Dogecoin is the best crypto. The digital asset had a significant breakout from a key pattern but still faces a significant resistance barrier ahead, according to on-chain metrics. Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. Since Musk’s comments about Dogecoin, the cryptocurrency has seen enormous volatility as part of a major pump-and-dump. On-chain metrics suggest there is a … He also shared a photo of a painting by Spanish artist Joan Miró, which is titled “Dog Barking at the Moon.”. While the ‘Musk effect’ is now becoming a common Internet slang, this isn’t the first, second or even third time Elon Musk has tweeted about Dogecoin, raising its prices. FXStreet The tweet had a significant impact on DOGE initially, which saw a massive 30% spike within hours. Recently, the interpreted CEO of Dogecoin, Elon Musk announced a sale of a song on NFT’s and surprisingly, the deal was DOGE rather than USD. The high degree of leverage can work against you as well as for you. — Elon Musk (@elonmusk) December 20, 2020. Again. The billionaire entrepreneur tweeted today, “b ought some Dogecoin for lil X, so he can be a toddler hodler.” The use of this website constitutes acceptance of our user agreement. In a leaky underwater rail tunnel, workers race against time. At the time of publishing, the currency was trading at $0.26 and had reached a total market value of $32 billion. Elon Musk Bought Dogecoin For His Son X Æ A-Xii. Fueled by Elon Musk's tweet, a lot of people bought large quantities of Dogecoin (DOGE), which drove up the prices from a 24 hour low of 0.10 dollars to 0.33 dollars a 200 per cent rise in the price. Stay with Stanfordartsreview for the latest updates! Dogecoin jumped as much as 35% in 24 hours as Tesla CEO Elon Musk tweeted about the cryptocurrency. This isn’t the first time Musk’s tweets have raised the value of Dogecoin, which started as an internet parody more than seven years ago. This comes just two days after it had surpassed ten cents in value for the first time as investors geared up for the direct listing of cryptocurrency exchange Coinbase Global. Elon Musk, a notorious Twitter troll and the world’s richest man, appears to be having more fun stirring up controversy in the cryptocurrency space. ... Before that, his July tweet caused a 14% spike in Dogecoin price. Dogecoin has done it again, thanks to Elon Musk, who tweeted that SpaceX will put a literal Dogecoin on the actual moon in space. Dogecoin has also enjoyed something of a cult status on internet message board Reddit, where a popular group — not unlike the WallStreetBets group behind GameStop’s rally — decided earlier this year to propel its value “to the moon.” Dogecoin soared over 600% in the wake of that push. Elon Musk is Openly Promoting DogeCoin, Will This Help to Push it to $1, Prediction, Live Chart & Price Again. The billionaire entrepreneur tweeted today, “b ought some Dogecoin for lil X, so he can be a toddler hodler.” Within a few hours, Dogecoin price prediction turned extremely bullish, with the price surging almost by 800 percent. The price of Dogecoin dropped nearly 23% in a matter of hours on Feb. 15, after Elon Musk drew attention to the vastly unequal distribution of DOGE coins. It started out as a joke. And this time around, it may be thanks to Elon Musk. Dogecoin is a decentralized cryptocurrency t... Elon Musk: DOGECOIN To The Moon | Price Predictions & News 2021By Rich ClubWhat You Need To Know about Dogecoin? Many analysts believe BNB could even overtake Ethereum, which stands at a $280 billion market cap. His company Tesla is also allowing customers to buy cars with bitcoin. It also does not guarantee that this information is of a timely nature. FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The value of Dogecoin, cryptocurrency based on a meme, sunk 23% in a matter of hours on Feb. 15, after Elon Musk drew attention to the vastly unequal distribution of DOGE coins and urged major holders to sell off their holdings. Breaks record AGAIN in staggering rise DOGECOIN, the cryptocurrency supported by entrepreneur Elon Musk, has surged in recent days. Elon Musk states that SpaceX will put a literal Dogecoin on the literal moon. You should do your own thorough research before making any investment decisions. Dogecoin spiked roughly 200% to another record on Friday after an inscrutable Elon Musk tweet appeared to reference it. Severe Weather Value of the Meme Cryptocurrency Shot Up By 16% It now has a market value of US$10 billion (S$13.3 billion), making it … Over the past 30 days, the meme cryptocurrency is down 3.5% at $0.0533. Dogecoin [DOGE] has been in the market since 2013 and has only surged occasionally as a direct result of some form of hype around it. The cryptocurrency's price later dropped again before climbing back to about 25% gains. Dogecoin Price Alert: DOGE Drops on Elon Musk SEC Investigation Rumor Sarah Smith 2/25/2021. In the same interview Musk said previous comments about dogecoin were “really just meant to be jokes”. Follow At the time of writing this article, the price of DOGE stands at 0.7 dollars. Dogecoin price quadruples as Elon Musk memes drive cryptocurrency to new record high ‘Now that $1 is an imminent reality, we should all pledge to … A bounce from the demand zone ranging from $2.92 to $2.46 signals a continuation of the upswing to $3.59. Dogecoin price soars more than 100% to new record after Elon Musk tweets For the second time this week, Dogecoin has hit a milestone. Considering that Musk recently made a $1.5 billion Bitcoin purchase for Tesla, his heavy focus on Dogecoin is rather odd. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. However, as the tweet was posted on April 1, many investors were worried about a potential April Fools joke by Musk. A move towards this point would represent a 12% correction from the $0.063 trendline resistance. And this … But in a February interview on social app Clubhouse, Musk said he should have bought that digital currency eight years ago. For the second time this week, Dogecoin has hit a milestone. Over the past 24 hours alone, Dogecoin has risen by more than 27%. At the press time, Dogecoin price was seen trading with over 15% from yesterday high of $0.0055 to currently trading at $0.0045. A simple Elon Musk Dogecoin price prediction won’t cut. Dogecoin is a cryptocurrency based on the "Doge" meme, which rose to popularity in late 2013. Late Wednesday evening, the Tesla CEO tweeted artwork of a dog and a moon captioned “Doge Barking at the Moon.” In crypto parlance, “moon” refers to a rapidly rising price. Please read our privacy policy and legal disclaimer. The digital asset is down 17% from the top of $0.071. Dogecoin is a cryptocurrency based on the "Doge" meme, which rose to popularity in late 2013. The coin has now climbed 520% over the … Cardano plan for new all-time high is clear, VeChain shows mixed signals amid market weakness, Bitcoin Weekly Forecast: Institutional wave of BTC adoption follows new all-time highs. The cryptocurrency's price later dropped again before climbing back to about 25% gains. Stay with Stanfordartsreview for the latest updates! If you think of Dogecoin — the cryptocurrency based on a meme — you can’t help but also think of Elon Musk. Following. VeChain just recently formed a new all-time high of $0.189 on April 15 after a massive rally in April. The coin has now climbed 520% over the … The dogecoin price has … And this time around, it may be thanks to the world’s richest man. And this … The price of Dogecoin first began surging at the beginning of the year after Tesla founder Elon Musk began tweeting about it. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. by Catherine Ross. Again. The spike in price was immediately after the famous Tesla executive Elon Musk tweeted: SpaceX is going to put a literal Dogecoin on the literal moon — Elon Musk (@elonmusk) April 1, 2021 DOGECOIN, a cryptocurrency essentially based on a meme, surged in price today and got a boost from Tesla CEO Elon Musk when the tech founder tweeted a gif of the dog featured in the meme. At the press time, Dogecoin price was seen trading with over 15% from yesterday high of $0.0055 to currently trading at $0.0045. Note: All information on this page is subject to change. Tesla CEO and professional memer Elon Musk disclosed on Twitter today that he has bought Dogecoin for his zero-year-old baby, X Æ A-12.The tweet pumped the price of the meme coin. When a well-known graphic designer specialized in digital artwork, Mike Winkelmann AKA BEEPLE, offered $60M, Elon Musk replied to close the deal with 420 million DOGE.