Elon Musk's Influence on Dogecoin Prices and Warnings

1 min read
Source: CoinDesk
Elon Musk's Influence on Dogecoin Prices and Warnings
Photo: CoinDesk
TL;DR Summary

Prices of the Milady NFT collection, which surged after receiving acknowledgment from Elon Musk, have retracted gains and are now back at prices before Musk’s tweet. This price action is similar to that seen in Dogecoin, which typically spikes whenever mentioned by Musk, but experiences short-lived jumps followed by a gradual sell-off.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

76%

21852 words

Want the full story? Read the original article

Read on CoinDesk