WHILE ETHEREUM

We Present The First Evidence

We figured out how much power Elon Musk holds over Dogecoin

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

Price explosiveness in cryptocurrencies and Elon Musk's tweets

Elon Musk

Here's How Much Elon Musk's Tweets Influence Bitcoin, Dogecoin

Dogecoin (DOGE) Trading Volume Spikes on Elon Musk's Recent

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

Dogecoin

Why Dogecoin immediately surged 25% after Elon

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

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 Posted A Tweet

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.

How Elon Musk's Twitter activity moves cryptocurrency markets

Elon Musk Tweets About Dogecoin a LotHere's