Elon Raises Dogecoin Price With Mysterious Tweets Sharing Photos Of His Son Aug 2022
Elon Musk is the father of the meme coin Dogecoin (DOGE) in the highly volatile crypto market. Crypto investors recognize that Elon is the most influential person who controls the price of DOGE in his situation. Meme coin has been obsessed since its launch in the crypto market. The dogecoin price fluctuates and maintains its market position thanks to its father, Elon.
He recently shared a tweet on Twitter that his son X loves the Great Dane. The crypto market once again experienced a secret tweet from him and this led to the increase in the price of DOGE with a boom! This shows that he has a lot of control over the skyrocketing demand for the Dogecoin meme coin token among crypto investors.
Elon Musk is a well-known CEO of SpaceX and Tesla in the global technology market. However, it has an influential track record in the global crypto market with Dogecoin as any meme coin. He used the perfect time to publish memes and cryptic tweets on his favorite meme coin at a time when it mattered. It has the power to control the minds of crypto investors who have been very interested and invested in Dogecoin for years. Elon appreciates this meme coin because it was launched to be a joke against the popular cryptocurrency like Bitcoin and turned out to be one of the valuable cryptocurrencies.
Elon has introduced multiple real-life use cases for DOGE and created volatility for the meme coin. He has tweeted that his son, X AE A-XII, loves doge with the picture of his son as well as multiple Shiba Inu dogs — logo of Dogecoin. This tweet has led to the increase in Dogecoin price at an increasing rate of over 16%.
At the time of writing, the current DOGE price is US$0.6637 with a market cap of US$8.83 billion and a market rank of 11. Elon also has the same hairstyles as his son and Shiba Inu dog to create a dramatic effect on the price of the meme coin. That being said, Elon Musk and his son have successfully pushed the price of DOGE higher in a volatile and volatile crypto market.