The price of Dogecoin has dropped as Elon Musk’s appearance on Saturday Night Live approaches. Cryptocurrency is promising, but please invest with caution!” he wrote in a tweet, as well as linking out to a video from February in which he gave similar warnings.
Perhaps as a result of that new mood of concern, Dogecoin’s value dropped in the hours ahead of Mr Musk’s SNL appearance. Just a couple of hours before it was due to begin, the cryptocurrency was down by 3.8 per cent when compared to 24 hours before. The recent drop in the price of Dogecoin was far from enough to erase the substantial gains it has made in recent weeks and days. It is still up 68 per cent over the last week.
Avum chart still looks bullish. The correction seems minor, without much force. The upward trend remains intact, but Mr. Musk urges caution, and his interventions have always moved Doge, so it wouldn't hurt a little expectation on our part, at least for the next 24-48 hours. Prediction remains long-cautious for Doge for now ....
Perhaps as a result of that new mood of concern, Dogecoin’s value dropped in the hours ahead of Mr Musk’s SNL appearance. Just a couple of hours before it was due to begin, the cryptocurrency was down by 3.8 per cent when compared to 24 hours before. The recent drop in the price of Dogecoin was far from enough to erase the substantial gains it has made in recent weeks and days. It is still up 68 per cent over the last week.
Avum chart still looks bullish. The correction seems minor, without much force. The upward trend remains intact, but Mr. Musk urges caution, and his interventions have always moved Doge, so it wouldn't hurt a little expectation on our part, at least for the next 24-48 hours. Prediction remains long-cautious for Doge for now ....
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