Kabosu

Cryptocurrency

Elon Musk

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/elon-musks-waning-influence-on-cryptocurrency-market/" data-wpel-link="internal">Elon Musk’s Waning Influence on Cryptocurrency Market</a><br></p>
<p style="text-align: justify">It seems the mischievous billionaire is turning back to cryptocurrencies ahead of the upcoming Tesla earnings report for the last quarter on January 24. However, the agenda is so crowded that no one seems to care about Elon Musk’s comments. Normally, such last-minute posts would be discussed in terms of double-digit price increases or decreases.</p> 
<h2 style="text-align: justify" id="elon-musk-and-cryptocurrencies">Elon Musk and Cryptocurrencies</h2> 
<p style="text-align: justify">For a long time, Elon Musk has not been able to generate the excitement he once did in the global crypto community. He had stated months ago that he no longer cared about crypto, and weeks ago he stopped talking about it. Now he is mentioning “Dogecoin to the Moon” again. However, the <a href="https://en.coin-turk.com/the-meme-coin-kings-struggle-dogecoins-inconsistent-performance/" data-wpel-link="internal">DOGE</a> price has barely climbed from $0.078 to $0.08 due to the fall in BTC and Musk’s diminished influence.</p> 
<p style="text-align: justify">About 5 hours ago, rumors emerged that Kabosu, the mascot dog of Dogecoin, had died. This false “dog death” <a href="https://newslinker.co/" data-wpel-link="exclude">news</a> led to a brief 10% increase in price, reaching the $0.084 mark. It seems that under current conditions, the mischievous billionaire is not as influential as Kabosu in the market.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-300368 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/01/DOGEUSDT_2024-01-10_01-29-43.png" alt="" width="1815" height="836"></p> 
<p style="text-align: justify">On the other hand, Tesla’s 2023 fourth-quarter earnings report is due on January 24, and there is speculation about whether there was any buying or selling of BTC during the last three months of the year, which saw a rise in BTC price.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/elon-musks-waning-influence-on-cryptocurrency-market/" data-wpel-link="internal">Elon Musk’s Waning Influence on Cryptocurrency Market</a></h5>

Elon Musk’s Waning Influence on Cryptocurrency Market

Table of Contents

COINTURK NEWS

Other articles published on Jan 9, 2024

Memeinator Presale Smashes Past $3M Mark as Crypto Market Rallies

Indian Crypto Firms Move to Dubai for Better Regulations, Escaping India’s Heavy Taxes on Digital...

Bitcoin surges back to $46,000 amidst spot ETF frenzy

XRP Forecasted to Double in Value; Injective (INJ) and InQubeta (QUBE) Brace for an Upcoming Rally

Helium Price Aims $10 High As Market Optimism Grows for Spot Bitcoin ETF

Cardano’s Price Movement: A Nuanced Outlook Amidst Resistance Struggle

Join our free newsletter for daily crypto updates!