Dogecoin

Rise

Elon Musk

<p style="text-align: justify;">Sudden price movements are very popular in the cryptocurrency markets, especially Elon Musk’s tweets have a significant impact. Although not as much as before, today’s tweet has caused the price of <a href="https://en.coin-turk.com/dogecoins-surprising-turn-record-breaking-transaction-volume-and-the-musk-factor/" data-wpel-link="internal" rel="noopener noreferrer nofollow">DOGE</a> to turn upwards in just one candle. So, will this be permanent? Why might Elon Musk have chosen today for this tweet?</p> 
<h2 style="text-align: justify;" id="why-did-dogecoin-rise">Why Did Dogecoin Rise?</h2> 
<p style="text-align: justify;">A few minutes ago, <strong>Elon Musk</strong> made a tweet about <strong>DOGE</strong> and the price started to rise again. Although not as exciting as before, Musk’s tweet pushed the price to above $0.072 from $0.068.</p> 
<p style="text-align: justify;"><img decoding="async" class="size-full wp-image-238338 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/07/DOGEUSDT_2023-07-19_18-59-20.png" alt="" width="1815" height="842"></p> 
<p style="text-align: justify;">Elon Musk, who made a tweet meaning “play to win (ftw)”, is not unaware that today Tesla’s earnings report will be announced. The timing of the tweet could give rise to speculation that the mischievous billionaire may have added cryptocurrency to his balance sheet again. Tesla’s earnings report, which will be announced in the coming hours, has had a significant impact on the market many times in the past.</p> 
<p style="text-align: justify;"><img decoding="async" class="size-full wp-image-238339 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/07/Musk-DOGE.jpg" alt="" width="828" height="1470"></p> 
<p style="text-align: justify;">If the amount of <a href="https://en.coin-turk.com/bitcoin-ethereum-correlation-falls-below-80-percent-for-the-first-time-in-18-months/" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a> in the balance sheet has increased/decreased, it could mean an increase in volatility for the rest of the cryptocurrencies. For now, DOGE has not been able to further advance its gains and seems to have turned from its peak.</p> 
<h5>The post <a href="https://en.coin-turk.com/is-a-popular-altcoin-preparing-for-a-new-rally-critical-metrics-on-the-rise/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Is a Popular Altcoin Preparing for a New Rally? Critical Metrics on the Rise</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS.</a></h5>

Is a Popular Altcoin Preparing for a New Rally? Critical Metrics on the Rise

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