Summary
- Elon Musk mentioned 'DOGE', leading to a 0.59% increase in Dogecoin within an hour.
- Although Elon Musk's post is not directly related to Dogecoin, it has sparked investor interest.
- The price fluctuation of Dogecoin was immediately reflected following Musk's mention.
Elon Musk, the CEO of Tesla and known supporter of Dogecoin (DOGE), has once again mentioned 'DOGE' today.
On the 17th (local time), Elon Musk posted on his X (formerly Twitter) with a CNBC broadcast video attached, mentioning 'DOGE'. The broadcast video he attached is understood to discuss how Elon Musk could exert influence under the Donald Trump administration, rather than being related to Dogecoin.
Previously, Trump had nominated Elon Musk as the head of the 'Department of Government Efficiency (D.O.G.E)' along with Vivek Ramaswamy, a former Republican presidential primary candidate. Meanwhile, Dogecoin is trading at $0.4032 on CoinMarketCap, having risen 0.59% in the past hour.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
