Elon Musk (Tesla) talks about Dogecoin: here is the market reaction

Yesterday, on Tesla CEO Elon Musk’s favorite social network, there were new tweets about his favorite crypto Dogecoin (DOGE), but the market reaction doesn’t seem to care. 

To the tweet of Dave Mac, owner of Tesla Model 3, in which he writes: TeslaVision can really see dogs! “, Musk jokingly replies, quoting his crypto-meme: 

” Maybe if he sees a Shiba Inu, the car makes a Dogecoin … “

Not only that, under another tweet from another Dogecoin follower, a cartoon is published in which one wonders if DOGE (represented by man-buddha) is still in the top 10 crypto, Musk replies with a laugh. 

Everyone teases Mr. Musk, who despite everything remains positive towards his dear crypto, but not enough to revive it . And indeed, while Musk’s comments on other tweets continue to support the crypto-meme, DOGE’s price chart appears to have returned to its lows, hitting $ 0.18. 

slow and gradual decline is that of the crypto-meme , which already from May 2021, after $ 0.72 and the third position by market capitalization, is now in eighth. 

Of course we are still talking about 25 billion current total marketcaps, but which are -75% compared to that of May 2021 , together with a dominance on the crypto market which in these days seems to have fallen below 2%. 

Elon Musk and Dogecoin: still bearish trend, while other cryptocurrencies maybe not

While Musk laughs at DOGE’s performance , which somehow aligns with the downtrend of the other top 10 cryptocurrencies in recent days , other influencers see further. 

The youtuber dedicated to the Dogecoin community, with his channel with 245 thousand Final Stand subscribers, has published his tweets about another token. 

With his Twitter account, Matt Wallace simply expressed today, primarily his support for Dogecoin, but then cited Tiger King (TKING), a deflationary token-meme on Ethereum 

This is the second tweet:

“When Tiger King’s second season hits, millions of people will be looking for the words Tiger King. Like it or not … $ TKing will likely experience one of the biggest spikes in cryptocurrency history. “

According to some, the TKING token appears to have been introduced by Joe Exotic himself . And in fact, Wallace is referencing Tiger King’s story going viral as a Netflix series last year. 

Today, the protagonist Exotic, whose real name is Joseph Allen Maldonado Passage turns out to be in jail for a 22-year sentence for animal abuse, murder and other crimes. 

 

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