CryptoMediaClub
Monday, July 7, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Elon Musk’s Twitter Antics Propel Dogecoin to Remarkable Surge

25.07.2023
A A
0
130
VIEWS
ShareShare

The cryptocurrency market is excitedly buzzing as Dogecoin (DOGE) experiences a remarkable surge, driven by Elon Musk’s surprise Twitter rebranding announcement on June 24. The influential CEO of Tesla and SpaceX once again showcased his ability to sway investor sentiment through social media antics, particularly with DOGE.

Musk’s recent Twitter moves centered around rebranding Twitter’s logo to X.com, which he unveiled through a cryptic video teaser. He also changed his Twitter profile picture to a simple white X on a black background, intriguing his followers. Musk playfully incorporated the Dogecoin symbol, Ð, alongside the letter X in his Twitter location, generating excitement among the Dogecoin community.

The impact of Musk’s engagement on DOGE’s price was swift and significant. Within hours, the meme crypto witnessed a surge of nearly 10%, reaching levels not seen since early May. This spike in value reignited enthusiasm among Dogecoin holders and traders, reaffirming its position as the top meme coin in the market. DOGE climbed to the eighth position among all cryptocurrencies, boasting a remarkable market value increase of over $1 billion.

Elon Musk’s declaration of support for Dogecoin adds to its credibility as a beloved cryptocurrency with real potential. Although it started as a playful joke inspired by the “Doge” meme, its active and devoted community has been pivotal in promoting its adoption and popularity.

During the Wall Street Journal CEO Council Summit in Q2 2023, Musk openly expressed his affection for Dogecoin, naming it his favorite cryptocurrency. He praised its potential as a digital asset and its whimsical nature. However, Musk stressed that he does not provide financial advice, especially regarding cryptocurrency investments, given the market’s high volatility. Despite his appreciation for DOGE’s charm, he urged investors to exercise caution and make informed decisions.

Dogecoin’s bullish performance has been impressive, with its market value surging to $16.29 billion as of July 24, a significant leap from the previous month. Musk’s Twitter antics continue to drive excitement in the crypto community, keeping Dogecoin at the forefront of discussions and captivating investors and enthusiasts.

Market experts closely observe Twitter’s transition to X.com, speculating that it could positively impact Dogecoin. Unofficial sources even hint at the possibility of X.com becoming a hub for digital asset transactions, creating an intriguing intersection between social media and virtual currencies.

Elon Musk’s Twitter influence has again propelled Dogecoin to new heights, attracting attention and investments to the popular meme cryptocurrency. The coming weeks will be crucial as the crypto community closely monitors how DOGE’s journey unfolds in response to Musk’s social media moves and Twitter’s rebranding.

The post Elon Musk’s Twitter Antics Propel Dogecoin to Remarkable Surge appeared first on BitcoinWorld.

Share10Tweet6ShareSharePin2

Related Posts

Tether USDT: Massive 1 Billion Minting Sparks Crucial Market Shift
Blockchain

Tether USDT: Massive 1 Billion Minting Sparks Crucial Market Shift

04.07.2025
0

Skip to content

Read moreDetails
Hancom With Pioneers RWA Space with Gold-Backed Stablecoin

Hancom With Pioneers RWA Space with Gold-Backed Stablecoin

03.07.2025
Stablecoin Revenue Soars: Companies Post Massive $10 Billion Annual Earnings

Stablecoin Revenue Soars: Companies Post Massive $10 Billion Annual Earnings

03.07.2025
Kazakhstan Crypto Reserve: Unlocking a Bold Future for National Digital Assets

Kazakhstan Crypto Reserve: Unlocking a Bold Future for National Digital Assets

30.06.2025
Web3 Security: GoPlus Unveils Crucial Clarification on Venus Protocol $2M Theft

Web3 Security: GoPlus Unveils Crucial Clarification on Venus Protocol $2M Theft

25.06.2025
Load More
Next Post
Bitcoin Price Hits Next Bearish Target, But Bears Are Not Done Yet

Bitcoin Price Hits Next Bearish Target, But Bears Are Not Done Yet

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Watchdog group doubles down on Circle-Tron money laundering claims

Watchdog group doubles down on Circle-Tron money laundering claims

2 years ago
Telegram crypto bots gain momentum in the market: Binance Research

Telegram crypto bots gain momentum in the market: Binance Research

2 years ago
Chainlink Launches Universal Solution for On-Chain Compliance Automation

Chainlink Launches Universal Solution for On-Chain Compliance Automation

6 days ago

Russia’s State Duma Approvea National CBDC Project

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs

Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

Ethereum Price Prediction: ETH Holds Narrow Range as ETF Demand Builds – Is a Breakout Near?

Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals

XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

Trending

UK’s Smarter Web Company Acquires $24M Worth of Bitcoin, Holdings Reach 1,000 BTC
All news

UK’s Smarter Web Company Acquires $24M Worth of Bitcoin, Holdings Reach 1,000 BTC

07.07.2025
0

The Smarter Web Company, a London-listed technology firm, has announced the acquisition of an additional 226.42 Bitcoin...

US Secret Service Builds $400M Crypto War Chest From Seized Scams Over 10 Years

US Secret Service Builds $400M Crypto War Chest From Seized Scams Over 10 Years

07.07.2025
[LIVE] Crypto News Today: Latest Updates for July 7, 2025 – “Fiat Is Hopeless”: Elon Musk Says ‘America Party’ Will Embrace Bitcoin

[LIVE] Crypto News Today: Latest Updates for July 7, 2025 – “Fiat Is Hopeless”: Elon Musk Says ‘America Party’ Will Embrace Bitcoin

07.07.2025
Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs

Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs

07.07.2025
Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

07.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz