Dogecoin (DOGE) is undoubtedly one of the most talked about cryptocurrencies of the last days. DOGE's adventure started with Elon Musk weeks ago. One of the richest names in the world, Musk posted a few tweets about DOGE, "again" supporting its rise. This action, which can be seen as manipulation in regulated markets, was met with enthusiasm in the crypto money markets.
Elon Musk and the DOGE Effect
After Elon Musk tweeted nearly 10 tweets about DOGE, the price went up incredibly and then entered the consolidation process. DOGE, which has reached the level of $ 0.080, is trading at the level of $ 0.05 as of the time this article was written. Despite its correction, DOGE is still up 105% in 7 days.
Those who bought the DOGE price at the top or announced that they would buy started to show themselves gradually. Firstly, Gene Simmons, the lead singer of the world-famous KISS group, announced that he bought DOGE. In the continuation of Simmons, he tweeted that he received DOGE compatible with the name of the rap star Snoop Dogg, who is known all over the world.
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