Showcasing incredible price increase after the Dogecoin logo was added to Twitter DOGECan it continue to rise?
As of last night, Twitter, which is widely used by the crypto ecosystem, Integrating the DOGE logo into its design stunned many global markets, especially the crypto market. Famous businessman who bought Twitter on October 27, 2022 Elon Musk, Actually It also gave signals of these developments. . Musk, one of the first names that comes to mind when DOGE is mentioned, has also been in the previous processes. He had a major role in DOGE’s pricing.The star of meme coins, which showed a price increase of approximately 38 percent after Twitter found such a move, seems to be sitting in the leadership seat of the crypto agenda.
OK then leader of memecoinsHow can it draw a path in the next process?
Twitter Adds DOGE Logo: 37 Percent Price Increase!
Twitter, the most frequently used social media platform by crypto investors, made such a move. It almost blew the price of DOGE.For a while fearing your silence DOGE was able to make pricing with Musk’s tweets, albeit from time to time.But these prices colossal in size not , was equivalent to values such as 5-10 percent. After the popular businessman bought Twitter attention attracting DOGE, pricing it up with a serious move from Twitter last night. It performed 37 percent.
DOGE, which has a large audience in the crypto community, showing such a huge rise managed to become the most appreciated altcoin of the day . As of the writing of the news, the DOGE logo continues to be present on Twitter. Under the leadership of Musk There is no sign yet of when the DOGE frenzy might end.
Located in the Turkish crypto ecosystem and appealing to large audiences Ant Traders, said:
As it is known, Elon Musk is a doge coin fan and also its holder. On October 26, 2022, he bought Twitter for 44 billion USD, and both Twitter shares and doge coin increased. The tip feature on Twitter was open and could only be received with eth-btc. It seems likely that Elon Musk will add the doge coin in addition to these. Striking development On April 3, Elon Musk replaced the twitter logo with the doge coin profile on the web version of Twitter, which created a shocking effect and the doge coin rose close to 40% and its continuation seems likely. Known as a manipulative person, Musk will continue these moves and will support the doge coin community approaching its possible target ($1).
Standing out on social media with the crypto currency analysis he shared kyrr.io founder in KarasuFtHe conveyed his views on DOGE;
Even the fact that he has said what he thinks should be in monetary policies in the past days and that he has made suggestions about bank failures shows that he does not hesitate to direct and manipulate in every subject. Twitter is one of the most effective channels for directing on many issues. Everyone was waiting for such actions to come after the Twitter purchase, and I expect more to come. For this reason, it seems very logical that it is the crypto money with the highest beta among the major cryptocurrencies. How much Doge will be integrated into Twitter and Tesla is something I’m really curious about, and I wouldn’t be surprised if over time he’s been doing opinion polls on these integrations. While he has the power to make things so bright, he will also make important improvements in the doge chain and will also take the opportunity to spread this to large audiences on Twitter. Such speculations, like Elon Musk’s movements, are elements that require extra caution for investors, no matter how exciting.
Standing out with his articles on Conkolik and his work in the crypto ecosystem. Ekin Albayraksaid the following on the subject;
We were all shocked last night. The 17-year-old bird logo was gone, replaced by Doge. Those who achieved a 40% increase in minutes were very happy. Then, he shared the correspondence he made with a follower on March 26. Elon likes to play games 🙂
airdrop, Testnet and NFT’prominent in his work Batuhan in ÇalıkuşuHe expressed his views on the latest developments for DOGE;
The doge coin rise is based on a promise made by Twitter owner Elon Musk. During a conversation with Chairman, a crypto phenomenon known on Twitter as @WSBChairman, Elon makes a promise. After this statement, Elon Musk changed the icon of twitter to the doge coin icon instead of the familiar blue bird. Well, if we look at whether this rise is a normal rise, it is definitely a manipulative rise. Elon Musk has made these rises frequently from Twitter and similar channels in the past. This case was one of them.
Current DOGE Analysis, Can Price Rise Continue?
led by Twitter with a rapid riseDOGE, $0.079 resistance“ bulky ” surpassed. On such a great development” hungry DOGE investor “It was able to momentarily move the price to the level of $ 0.0109. With the selling pressure after the rise, the price of 0.099 DOGE maintains the range of 0.095 to 0.092 as the current support level.
The fury in dog coinsto continue and With the support of Musktogether DOGE, close timed peaks can target . For a bullish scenario, exceeding the $0.114 level is of great importance in the first place. Thanks to the voluminous purchases that may follow, respectively, $0.136 and $0.158 levelsI in DOGE possible it could be . of DOGE If it sees $0.158,from current level This corresponds to an increase of 60.94 percent.
Negative events that may come from market-based or DOGE Allow DOGE to test weekly and yearly opening pricesmay cause . Weekly opening price $0.080levels are also have strong support, has an important role for graphics. The $0.070 level is the annual opening.match the price The most critical support point in DOGE’s possible bearish scenariowill be.
Nearly 800% Volume Increase in the Last 24 Hours!
In the last 24 hours Volume increase of 777 percentshowing I How much interest the crypto market has shown DOGEis seen. Trade volume of 5.3 billion dollarscatch, It was one of the developments that could go down in DOGE’s history.Bringing such a movement to the crypto market is not only for him, but for many. The dog meme also led the rise of the coin.
Market Value Analysis for DOGE
DOGE, which entered the year 2023 with a market value of 9.30 billion dollars, it continues its upward movement with the acceleration it has burned from here. Especially with the logo that Twitter has added to its main design. Serious movements were also observed in the market value of DOGE . DOGE on November 1,2022 21.07 billion dollars volumelike this after catching hard One on the rise“This is his first time signing.
The leader of meme coins has clearly surpassed the market cap resistance of $12.08 – $12.52 billion. Considering the overall picture, this resistance, which is of critical importance, was not overcome for a long time. In the presence of positive news from DOGE, market values of 15.12 – 18.09 – 21.07 billion dollars can be targeted, respectively.crypto market drop inclinedto continue or to come from DOGE. fud your news under the influence 12.52- 12.08 billion dollar market pullbackslivable.
Crypto Community Revolts: Massive Increase in DOGE Searches!
After Twitter’s move There was also a huge increase in Google searches. . “DOGE Google Searches”, which peaked as of the minute the logo was added, Became the main indicator that the crypto community is also reviving . Meme coin, which has a large investor base in previous processes, The most deployed and most appreciated in recent daysmanaged to become one of its altcoins.
