DogecoinLong
Tesla accepting DOGE - Conspiracy
DOGE is a coin has an absurd discrepancy in the list of people who own that coin. This makes this coin easily manipulated by bear / bull trap.
In the last interview with Elon Musk on Cryptocurrencies, he mentioned that he, Tesla and SpaceX have a huge amount of Dogecoin, BTC and ETH.
There is a great possibility that Elon Musk will enable purchases on Telsa using DOGE after the launch of EIP 1559. This would be a great timing since with EIP 1559, ETH and BTC should increase 10% to 25% more and the general market of Cryptocurrencies will have abandoned the downtrend.
By doing this he doesn't manipulate the market directly (with legal issues for Elon Musk) and does great marketing for Tesla.
This is all over speculation, but something like that could happen in the next few weeks, as Doge is not keeping up with the growth of other currencies.
In the last interview with Elon Musk on Cryptocurrencies, he mentioned that he, Tesla and SpaceX have a huge amount of Dogecoin, BTC and ETH.
There is a great possibility that Elon Musk will enable purchases on Telsa using DOGE after the launch of EIP 1559. This would be a great timing since with EIP 1559, ETH and BTC should increase 10% to 25% more and the general market of Cryptocurrencies will have abandoned the downtrend.
By doing this he doesn't manipulate the market directly (with legal issues for Elon Musk) and does great marketing for Tesla.
This is all over speculation, but something like that could happen in the next few weeks, as Doge is not keeping up with the growth of other currencies.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.