What did Elon Musk do to manipulate the market this time?


Canvas manufacturing

Elon Musk’s mysterious tweet once again promoted many meme coins that rose after Dogecoin. Each currency soared immediately after the tweet was posted, specifically targeting them. This was also released after Baby Doge, which is a derivative product of Dogecoin.

body[data-twttr-rendered=”true”] {Background color: transparent;}.twitter-tweet {Margin: Automatic! important;}

The function notifyResize(height) {height = height? Height: document.documentElement.offsetHeight; var resize = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === “#amp =1” && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: “amp”, type: “embedded size”, height: height}, “*”);}if(window. webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize){window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind(‘rendered’, function (event) (notifyResize();}); twttr.events.bind(‘resize’, function (event) {notifyResize();}); if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement .getAttribute(“width”)); if (500 Promote Shiba Inu’s name announcement!

Shiba Inu, Originally to beat Dogecoin and become the number one memecoin, it has gone a long way, but it is not without the support of industry celebrities like this Vitalik Butrin, An outstanding Ethereum co-founder who helped burn SHIB (Shiba Inu’s native token) 50% of the circulating supply.Shiba Inu is here recently Coin library, It also Promote Its price is considerable.

Don’t forget DogeFather himself, he makes every memecoin soar and inspires others to develop.

This happened shortly after his tweet. It may take up to a few hours, but generally speaking, his tweets will take effect within a few minutes. According to reports, his recent tweet about naming his Shiba Inu Floki caused it to soar to $0.0000074. CoinMarketCap After experiencing soaking. Since he admitted the spike, it is unclear whether he wants Doge or Shiba Inu to climb, after all, he is a staunch supporter of Doge and has not endorsed SHIB yet. Currently, the price of SHIB is 0.0000088 USD and the circulating supply is 394,796,000,000,000 SHIB.

body[data-twttr-rendered=”true”] {Background color: transparent;}.twitter-tweet {Margin: Automatic! important;}

The function notifyResize(height) {height = height? Height: document.documentElement.offsetHeight; var resize = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === “#amp =1” && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: “amp”, type: “embedded size”, height: height}, “*”);}if(window. webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize){window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind(‘rendered’, function (event) (notifyResize();}); twttr.events.bind(‘resize’, function (event) {notifyResize();}); if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement .getAttribute(“width”)); if (500 Elon Musk alluded to the Doge-1 satellite!

Only 5 days after Shiba Inu’s tweet was posted, Elon indirectly sent Dogecoin The rocket he owns Say will roll out By SpaceX. This task will obviously be fully funded by Dogecoin, and at current prices, it will require a large amount of tokens. This helped perpetuate the “Dogecoin landing on the moon” meme, which was used as a way to spread information about Dogecoin’s eventual soaring, hoping to bring it into a dollar has become a literal meaning.

This tweet triggered 4% According to reports, the price soared to US$0.257 CoinMarketCap, After the recent cryptocurrency crash, Dogecoin fell sharply and lost most of its value.Dogecoin is also getting upgrade This will greatly reduce its transaction costs!Elon has claim Supporting this change is important because it will bring Doge closer to an eco-friendly cryptocurrency. It is not clear how much he will contribute to this upgrade, or whether he has participated in this major currency change. The current price of Doge is $0.248. As demonstrated by Bitcoin and Dogecoin, most cryptocurrencies that experience a decline or rise after his tweet tend to return to more stable prices.

body[data-twttr-rendered=”true”] {Background color: transparent;}.twitter-tweet {Margin: Automatic! important;}

The function notifyResize(height) {height = height? Height: document.documentElement.offsetHeight; var resize = false; if (window.donkey && donkey.resize) {donkey.resize(height);resized = true;}if (parent && parent._resizeIframe) {var obj = {iframe: window.frameElement, height: height}; parent._resizeIframe(obj); resized = true;}if (window.location && window.location.hash === “#amp =1” && window.parent && window.parent.postMessage) {window.parent.postMessage({sentinel: “amp”, type: “embedded size”, height: height}, “*”);}if(window. webkit && window.webkit.messageHandlers && window.webkit.messageHandlers.resize){window.webkit.messageHandlers.resize.postMessage(height); resized = true;}return resized;}twttr.events.bind(‘rendered’, function (event) (notifyResize();}); twttr.events.bind(‘resize’, function (event) {notifyResize();}); if (parent && parent._resizeIframe) {var maxWidth = parseInt(window.frameElement .getAttribute(“width”)); if (500 The latest memecoin has been approved by Elon Musk!

Small dog It is a new cryptocurrency, which was born out of the hype of memecoins.It also has a charity wallet for gifting to partners, such as Claw of Cause Help the elderly and the pets in the shelter get together. Inspired by Dogecoin, it has been paying attention to Dogecoin and learning from its failures to move on. His tweet cleverly solved Baby Doge’s problem and, as usual, caused its price to be very high.

Its price has almost doubled, and the ideological value is still negligible CoinMarketCap Only fluctuations of <0.00000001 are displayed on the entire chart.although Coin Tiger It is enough to show that its price has risen to 0.000000002 US dollars and continues to rise, now at 0.0000000036 US dollars. Considering that even Elon cannot increase its value by much, the expectations for Baby Doge are not the most sensible, but it is also important to consider that only one month has passed since production.

Published by

DWAYNE D’CUNHA, intermediate writer.

If you like this article, please follow me on Medium or Twitter!

Check out our new platform 👉 https://thecapital.io/

https://twitter.com/thecapital_io

https://medium.com/media/3b6b127891c5c8711ad105e61d6cc81f/href


What did Elon Musk do to manipulate the market this time? Originally published on capital On Medium, people continue the conversation by highlighting and responding to the story.



pointnewzz

Leave a Reply

Your email address will not be published. Required fields are marked *