Elon Musk Tweets About Dogecoin Trading Volume Spikes
We present the first evidence
We figured out how much power Elon Musk holds over Dogecoin
Elon Musk posted a tweet to thank the jury for stating that he was innocent of the charges in the Tesla 420 take-private case.
We present the first evidence pointing to the joint dynamics of Elon Musk's tweets and price explosivity in the Dogecoin and Bitcoin markets. The results suggest that the
Dogecoin
Elon Musk Tweets About Dogecoin a LotHere's
Why Dogecoin immediately surged 25% after Elon
Dogecoin’s price increased every time Musk tweeted about it (the day of the tweet, and after one week, and after one month). Musk’s first Dogecoin tweet (“Dogecoin
Elon Musk
Elon Musk’s public musings about Bitcoin and Dogecoin have caused spikes of almost 20% for both cryptocurrencies, according to a study by the Blockchain Research
Price explosiveness in cryptocurrencies and Elon Musk's tweets
Dogecoin (DOGE) Trading Volume Spikes on Elon Musk's Recent
This highlights the significant instantaneous
How Elon Musk's Twitter activity moves cryptocurrency markets
Here's How Much Elon Musk's Tweets Influence Bitcoin, Dogecoin
This highlights the significant instantaneous effect of Musk's tweets on Dogecoin's trading volume that lasts for at least 2 h. For Bitcoin, the significant abnormal