MoveFX

Elon Musk twitter deal impact on the price of Dogecoin

Elon Musk purchase of twitter led to a massive bullish gain in Dogecoin. Tesla uses dogecoin as a payment option.
Investors are optimistic about seeing Dogecoin be part of the new age of Twitter development.
Elon Musk also loves the "everything app" feature just like WeChat where users could do a lot in the social platform like trading and making payments.
At the chart, we could see the massive bullish gains, I speculate seeing some reversal in price(buyers selling some of their positions).
How far will buyers push price?! That's the big question.

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