Tesla and SpaceX CEO Elon Musk, who never hesitated to explain his support for Dogecoin, brought Doge action with his latest post.
The UberFacts account, which has 13.6 million followers, tweeted, “Elon Musk is predicted to become the world’s first trillionaire thanks to SpaceX.” said.
Responding to this post, Musk replied “In Dogecoin”, implying that he would become a Dogecoin trillionaire with his earnings.
*In Dogecoin
— Elon Musk (@elonmusk) October 22, 2021
While Musk’s post received thousands of likes and comments in a short time, the price of Dogecoin rose by 2%.
With the effect of the withdrawal in Bitcoin, we see that Dogecoin is in a technically important position, although Musk’s sharing did not have the expected effect.
Technically speaking, we see that there is a golden cross (ma20- cuts ma50 from bottom to top) in the diary. In case the day close is above $0.24, below $0.24 can be evaluated as a stop at the 4-hour close.
As of our news time, Dogecoin is trading at $0.2450.
*Not Investment Advice!