What Does Elon Musk’s Last Move Mean for Dogecoin?

Elon Musk changed his Twitter name to “Lorde Edge” and some users see it as a nod to Dogecoin (DOGE). Details of the speculations on this subject cryptocoin.comWe’re reviewing.

Dogecoin and Musk speculation

Elon Musk changed his Twitter name to “Lorde Edge”. It’s unclear when he made the switch, but tweets from some users suggest Musk changed it Sunday evening. A closer look at the Tesla CEO’s biography may also reveal new things. After a crazy weekend sparked by Elon Musk’s poll on whether to sell some of his Tesla stock, another event occurred. The billionaire changed his Twitter name to “Lorde Edge”, sparking new speculation as to why. Dogecoin creator Billy Markus said on Sunday night that Musk’s new username is an anagram for “elder doge”. Dogecoin rose early on Monday and is now trading at $0.2792354, up 4.8%. Also Monday, a meme coin called EDGELON rose more than 200%.

Musk also called himself the “Dogefather” in a tweet ahead of a Saturday Night Live show on May 8 this year. However, some Twitter users said that Musk’s new name could mean someone who is thirsty for attention, or someone who behaves “in a bold or unconventional way” in their behavior, according to Merriam Webster. The changes coincided with Saturday’s Twitter poll where Musk asked his 62 million followers whether he would sell 10% of Tesla shares, citing criticism that unrealized gains are often viewed by the public as a means of avoiding tax. After 24 hours, 3.5 million people voted in the poll. While 57.9 percent were in favor of selling the shares, 42.1 percent voted no.

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