BitcoinElon Musk's Attempt To Boost Dogecoin (DOGE) On Patrick’s...

Elon Musk’s Attempt To Boost Dogecoin (DOGE) On Patrick’s Day Fails

-


Elon Musk failed to pump Dogecoin Cryptocurrency and now it seems his dominance has been over from the crypto space fully.

Summary

  • Elon Musk tweeted about Dogecoin.
  • The trade price of Dogecoin failed to show any big pump.

Elon Musk is the world’s richest personality, known for his bold decisions & achievements in the tech industry. He is one of the biggest fans of top cryptocurrencies Bitcoin, Ethereum, & Dogecoin. In 2020, Musk started supporting Dogecoin as the best payment Cryptocurrency & made it popular across the whole world.

On 17 March 2025, Elon Musk shared an image featuring three dogs with the title “Happy Patrick’s Day”. One of the dogs was the Shiba Inu dog, similar to Dogecoin’s official logo.

In the image, we can see multiple Dogecoin physical coins on the floor around dogs.
The tweet helped Dogecoin to show a pump in the trade price by only 2.5%.

This development is clear proof that Musk’s Dogecoin dominance has been over, or alternatively, we can consider that he is not promoting Dogecoin very well, probably because he is afraid of legal troubles.

Doge-1 Satellite

In 2021, Musk promised to launch the Doge-1 satellite, but so far to date, no news has come regarding that promise by Musk or Musk-backed company, probably because of legal troubles he faced for supporting Dogecoin Cryptocurrency.

Currently, his spaceship company Spacex is getting a very high level of popularity for launching a space mission to bring two NASA astronauts, Sunita Williams and Butch Wilmore, who has been in the international space station for the last 9 months.

Read also: Pakistan to Regulate Crypto with ‘Crypto Council’—Will India Follow?

Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice and viewers should consult their financial advisors before investing.

Header ad



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Ripple’s $1.25 Billion Deal May Unlock $16 Trillion Market, Says XRP Lawyer

According to a post by John Deaton, Ripple acquiring Hidden Road may be part of its plan ​to...

US DoJ wants Google to sell two of its ad products

The U.S. Department of Justice is proposing that Google sell two of its advertising products to restore competition...

Uniswap Goes Live on Soneium, Enabling Onchain Entertainment Transactions and NFTs

Uniswap is now live on Soneium, Sony’s entertainment-focused Layer 2 platform, allowing users to swap, provide liquidity, and...

Advertisement

Elon Musk Changes Name to Gorklon Rust: Is He Behind GORK Crypto?

Elon Musk changed his display name on X to “Gorklon Rust,” pumping GORKUSDT prices. Is the X founder...

Flare to Launch XRPFi Tomorrow — Here’s How It Will Transform XRP Staking

Flare’s three-phase plan includes launching the FAssets v1 mainnet, which bridges non-smart contract tokens like XRP, DOGE, and...

Must read

You might also likeRELATED
Recommended to you