It is well known that elon musk
elon musk founder, ceo at tesla, spacex Elon Musk is an enthusiastic cryptocurrency believer, quivering the crypto world through his sparkling tweets. He has a complex relationship with cryptocurrencies. His tweets solely are responsible for the crypto volatility. Musk splendidly purchased $1.5 billion in the king of cryptocurrency. He was born on June 28, 1971, and is based in Pretoria, South Africa. His mother is Maye musk and his father is Errol musk, he is a South African electromechanical engineer, pilot, sailor, consultant, and property developer.
He graduated from the University of Pennsylvania, earning a bachelor’s degree in Arts and physics, and the Wharton School, earning a bachelor’s degree in science, and economics. Musk was honored by Axel Springer Award, an annual award given to remarkable personalities who are extremely innovative, build new markets and change markets, shape culture, and confront their social responsibility.
In 1995, Elon Musk and Greg Kouri founded a web software company called ZIP2. The company developed and marketed an Internet city guide for the newspaper publishing industry, with maps, directions, and yellow pages.X.com and PayPal: in 1999, he co-founded X.com which is an online financial service and email payment company. Space X: on 14, March 2002 he founded space x company which provides space transportation services.
On July 1, 2003, he founded TESLA. Tesla is an electrical vehicle and clean energy company which designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and so on. His other activities involve SolarCity and Tesla Energy, Neuralink, the boring company, Managerial style and treatment of employee Hyperloop, openAI music, and ventures. Etc. he made $165 by selling PayPal to eBay. And was first listed on the Forbes Billionaires List in 2002, with a total net worth of $2 Billion. [email protected] EntrepreneurInvestorChief Executive Officer activity has had the greatest impact on the dogecoin
dogecoin Cryptocurrencies price, which is currently on the rise. It all started in 2021 when the popular meme-coin experienced a massive upswing of more than 800% in a single day. Since then, the mention of the tesla
tesla Automobile CEO has had a significant impact on the price. Surprisingly, prices have also dropped in some cases. The core remains for the duration of the rally, which is typically very brief.
But why did Elon Musk change the Twitter symbol?
Elon Musk surprised the whole world again by changing the Twitter symbol to the Dogecoin theme. He recently shared an image of the ‘Doge’ meme sitting in a chair wearing a CEO T-shirt with the caption “The new CEO of Twitter is amazing.”
According to some reports, Musk is facing a $258 billion lawsuit from investors who accuse him of driving the DOGE price up by more than 36,000% in two years and running a pyramid scheme to support the crypto.
Related: Twitter Logo Replaced With DOGE! Is the Dogecoin Payment Coming Next?
Will Dogecoin go to the moon?
Dogecoin’s price soared by more than 30% to mark a monthly high of around $0.1048 from levels of around $0.07. However, as happens each time, the price experienced a notable correction. As the prices soared, a DOGE whale quickly transferred 650 million DOGE worth $61.3 million.
This may have impacted the rally as the price appears to be consolidating at the moment and may experience a notable drop as the MACD may soon flash a bearish signal.
![DOgecoin price](https://image.coinpedia.org/wp-content/uploads/2023/04/04125629/DOgecoin-price-1024x498.png 1024w, https://image.coinpedia.org/wp-content/uploads/2023/04/04125629/DOgecoin-price-300x146.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/04/04125629/DOgecoin-price-768x373.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/04/04125629/DOgecoin-price-1536x747.png 1536w, https://image.coinpedia.org/wp-content/uploads/2023/04/04125629/DOgecoin-price-150x73.png 150w, https://image.coinpedia.org/wp-content/uploads/2023/04/04125629/DOgecoin-price.png 1600w)
The buyers have gotten considerably exhausted, and hence the selling pressure may mount in the next few hours. However, the price continues to remain much above the crucial support level of $0.085 which flashes the possibility of the price remaining within the bullish influence. A minor pullback may still attract investors to flood in liquidity and keep up the bullish trend.