EloneMusk
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Dogecoin price bounces 13% as Elon Musk’s X teases P2P payments $DOGE #EloneMusk
Dogecoin briefly touched $0.09 on Jan. 12, rising 13% since Elon Musk's X announced plans for a P2P payment platform earlier in the week. Musk's social media giant outlined 2024 plans, including P2P payments, triggering a positive DOGE price reaction due to their documented affinity.
800 million Dogecoin sell orders could truncate price rally.
Despite a 13% rally, on-chain data suggests the upswing could be short-lived. The retracement below $0.084 on Jan 12 indicates a prevailing bearish sentiment, evident in the order books where sell orders (798 million DOGE) outweigh buy orders (752.4 million DOGE).
Losing the $0.07 support could catalyze major losses.
The substantial oversupply suggests potential downward price pressure, with the market dynamics signaling an imminent DOGE price correction. To validate this, bears must breach the initial support buy-wall around $0.07.
IntoTheBlock's GIOM data highlights a large cluster of DOGE holders (46.9 billion DOGE) at an average price of $0.072. A drop below this support level could induce panic and larger losses. On the contrary, bullish traders could defy this outlook by pushing DOGE to $0.10, but the $0.095 resistance poses a significant obstacle. Monitoring the $0.07 support and $0.10 resistance is crucial for assessing Dogecoin's price trajectory.
Dogecoin briefly touched $0.09 on Jan. 12, rising 13% since Elon Musk's X announced plans for a P2P payment platform earlier in the week. Musk's social media giant outlined 2024 plans, including P2P payments, triggering a positive DOGE price reaction due to their documented affinity.
800 million Dogecoin sell orders could truncate price rally.
Despite a 13% rally, on-chain data suggests the upswing could be short-lived. The retracement below $0.084 on Jan 12 indicates a prevailing bearish sentiment, evident in the order books where sell orders (798 million DOGE) outweigh buy orders (752.4 million DOGE).
Losing the $0.07 support could catalyze major losses.
The substantial oversupply suggests potential downward price pressure, with the market dynamics signaling an imminent DOGE price correction. To validate this, bears must breach the initial support buy-wall around $0.07.
IntoTheBlock's GIOM data highlights a large cluster of DOGE holders (46.9 billion DOGE) at an average price of $0.072. A drop below this support level could induce panic and larger losses. On the contrary, bullish traders could defy this outlook by pushing DOGE to $0.10, but the $0.095 resistance poses a significant obstacle. Monitoring the $0.07 support and $0.10 resistance is crucial for assessing Dogecoin's price trajectory.
$DOGE
The recent news about adding the coin as payment method!!! This will skyrocket the coin ..
Let us watch and learn 😅😅😅
#EloneMusk #doge #Skyrockets
The recent news about adding the coin as payment method!!! This will skyrocket the coin ..
Let us watch and learn 😅😅😅
#EloneMusk #doge #Skyrockets
The recent game-changer from Elon Musk is SpaceX's Starlink, which will provide free emergency services anywhere in the world!
With more than 6,000 satellites in orbit now and plans to launch another 12,000, Starlink is making headway in its effort to close the digital divide.
Millions of people will rely on this project to stay in touch during emergencies, conflicts, and disasters, even in the most remote regions of the world.
Musk's dream of an interconnected society during emergencies is starting to come true.
#EloneMusk #CryptoMarketMoves #TelegramCEO
With more than 6,000 satellites in orbit now and plans to launch another 12,000, Starlink is making headway in its effort to close the digital divide.
Millions of people will rely on this project to stay in touch during emergencies, conflicts, and disasters, even in the most remote regions of the world.
Musk's dream of an interconnected society during emergencies is starting to come true.
#EloneMusk #CryptoMarketMoves #TelegramCEO
Is X Building Your Future Bank? Elon Musk's Social Media Giant Hints at Financial Play
#Hold onto your Dogecoin, because whispers of "X Payments" just blew through the Twitterverse like a Muskian tweetstorm. Yes, you read that right. Elon's ambitious X, your daily dose of memes and hot takes, might soon be handling your cash too.Remember when Musk bought X and called it a "digital town square"? Turns out, he might be building a whole financial metropolis within its walls. Analysts are buzzing about X becoming a global money hub, a one-stop shop for your transactions, investments, and maybe even crypto moon missions.While fiat currency takes the front seat for now, crypto whispers linger in the air. Musk loves his Doge, and who knows, it might find a cozy corner in X's financial playground. But don't expect a full Web3 takeover just yet. Those fancy NFT profile pics are already history, and blockchain baubles are gathering dust in the digital attic.One thing's for sure, X is evolving faster than a chameleon on caffeine. Whether it becomes your financial bestie or just another app hoarding your data, buckle up and keep your eyes peeled. This Muskian adventure is just getting started!So, readers, what's your take? Will X become your financial Robin Hood or just another corporate overlord? Share your thoughts in the comments!P.S. Don't forget to follow me for more spicy tech scoops and Muskian mysteries.#TrendingTopic #XPayments #EloneMusk #cryptocurrecny
🚀 Elon Musk’s Tweet Sparks a Dogecoin Rally! 🚀
Elon Musk is back in the headlines, and this time, his tweet has reignited interest in Dogecoin ($DOGE ). Following a significant legal victory over allegations related to Dogecoin manipulation, Musk took to X (formerly Twitter) to share his thoughts, which led to a 2.65% surge in DOGE's value.
Interestingly, data from IntoTheBlock shows that 67.30% of DOGE holders are currently in profit, hinting at a potential bullish trend. Could this be the beginning of another DOGE rally? With Musk’s influence, anything is possible!
Stay tuned for more updates as we continue to monitor the market.#EloneMusk #IMPORTANT: #SahmRule #BlackRockETHOptions
Elon Musk is back in the headlines, and this time, his tweet has reignited interest in Dogecoin ($DOGE ). Following a significant legal victory over allegations related to Dogecoin manipulation, Musk took to X (formerly Twitter) to share his thoughts, which led to a 2.65% surge in DOGE's value.
Interestingly, data from IntoTheBlock shows that 67.30% of DOGE holders are currently in profit, hinting at a potential bullish trend. Could this be the beginning of another DOGE rally? With Musk’s influence, anything is possible!
Stay tuned for more updates as we continue to monitor the market.#EloneMusk #IMPORTANT: #SahmRule #BlackRockETHOptions
𝗘𝗹𝗼𝗻 𝗠𝘂𝘀𝗸 𝗣𝘂𝘀𝗵𝗲𝘀 𝗳𝗼𝗿 𝗕𝗼𝗹𝗱 𝗥𝗲𝗳𝗼𝗿𝗺: 𝗔 𝗡𝗲𝘄 𝗘𝗿𝗮 𝗳𝗼𝗿 𝗖𝗿𝘆𝗽𝘁𝗼 𝗮𝗻𝗱 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻
Elon Musk is set on transforming US government spending and regulations, eyeing a future that’s more open to crypto and blockchain technologies. His vision aims to break down the barriers that currently stifle innovation, fostering a more welcoming environment for decentralized systems. With his push, Musk hopes to create a landscape where blockchain can thrive, opening doors to revolutionary growth in the crypto world.
𝗧𝗵𝗲 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻: @dappOS_com & 𝗕𝗶𝗻𝗮𝗻𝗰𝗲 𝗪𝗲𝗯𝟯 𝗪𝗮𝗹𝗹𝗲𝘁 𝗔𝗶𝗿𝗱𝗿𝗼𝗽 𝗘𝘃𝗲𝗻𝘁
The joint airdrop event between dappOS and Binance Web3 Wallet signals a powerful synergy that could accelerate the adoption of both platforms. By combining their user bases, they provide a stronger value proposition to participants, allowing users to experience both ecosystems firsthand while earning rewards. Such events not only engage the community but also spark interest in new features and services offered by both parties, further integrating users into the evolving Web3 landscape. This collaboration is a key step in fostering the development of decentralized finance and applications.#EloneMusk #dappOSTheFutureofIntents #IMPORTANT: #NewsAboutCrypto
Elon Musk is set on transforming US government spending and regulations, eyeing a future that’s more open to crypto and blockchain technologies. His vision aims to break down the barriers that currently stifle innovation, fostering a more welcoming environment for decentralized systems. With his push, Musk hopes to create a landscape where blockchain can thrive, opening doors to revolutionary growth in the crypto world.
𝗧𝗵𝗲 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻: @dappOS_com & 𝗕𝗶𝗻𝗮𝗻𝗰𝗲 𝗪𝗲𝗯𝟯 𝗪𝗮𝗹𝗹𝗲𝘁 𝗔𝗶𝗿𝗱𝗿𝗼𝗽 𝗘𝘃𝗲𝗻𝘁
The joint airdrop event between dappOS and Binance Web3 Wallet signals a powerful synergy that could accelerate the adoption of both platforms. By combining their user bases, they provide a stronger value proposition to participants, allowing users to experience both ecosystems firsthand while earning rewards. Such events not only engage the community but also spark interest in new features and services offered by both parties, further integrating users into the evolving Web3 landscape. This collaboration is a key step in fostering the development of decentralized finance and applications.#EloneMusk #dappOSTheFutureofIntents #IMPORTANT: #NewsAboutCrypto