Altcoin Analysis: Dogecoin (DOGE) Reaction to Elon Musk’s Recent Post
Altcoin Analysis of Dogecoin (DOGE)
Elon Musk has made another post referencing Dogecoin (DOGE), but the market reaction has been subdued. Social activity surrounding DOGE has noticeably declined, indicating the post has not triggered much discussion. Over the past 24 hours, DOGE’s trading volume has only increased by 3%, reflecting the *waning interest* in this meme coin.
Minimal Market Reaction
Through a series of posts that reference Dogecoin, Elon Musk continues to fuel speculation that he might join the Donald Trump administration if he wins the November US election. This speculation has failed to spark significant enthusiasm around DOGE, suggesting a shift in market sentiment.
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