Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 325
    CryptoMarketNewsSponsored Article

    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power

    What if the next 60x meme coin wasn’t already at the top…

    By
    Benedikt Krüger
    May 31, 2025
    image 313
    CryptoMarketNewsSponsored Article
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    May 31, 2025
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    NewsCrypto
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    May 30, 2025
    image 30 May 2025 12 40 50
    CryptoMarketNews
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    May 30, 2025
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    NewsBitcoinCrypto
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    May 30, 2025
  • Cryptocurrency
    image 325
    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power
    10 Min Read
    image 313
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    7 Min Read
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    7 Min Read
    image 30 May 2025 12 40 50
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    3 Min Read
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    5 Min Read
    Bybit MiCAR license
    Bybit Expands into Europe with MiCAR License and Vienna Headquarters
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Elon Musk’s “DOGE to Mars” Comment: A Boost for Dogecoin?
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Elon Musk’s “DOGE to Mars” Comment: A Boost for Dogecoin?
CryptoCryptoMarketNewsNews

Elon Musk’s “DOGE to Mars” Comment: A Boost for Dogecoin?

symbolizing cryptocurrency growth and Dogecoins potential. The image includes a futuristic rocket as
Camila Santos
Last updated: January 21, 2025 5:49 pm
By
Camila Santos
Published January 21, 2025
3 Min Read
Share

Tech billionaire Elon Musk has once again sparked speculation in the crypto world with his latest remark about Dogecoin (DOGE). During Donald Trump’s inauguration celebration, Musk’s statement, “DOGE to Mars,” created a buzz among meme coin enthusiasts and hinted at a potential rally for Dogecoin, which is currently trading at $0.379853.

Contents
Musk’s Comments Ignite SpeculationMeme Coin Community’s ReactionDogecoin’s Price MovementWhat’s Next for Dogecoin?

Musk’s Comments Ignite Speculation

In his speech, Musk praised Trump’s election victory as a pivotal moment for America. While emphasizing themes like secure borders and revitalized spending, Musk’s quip about taking “DOGE to Mars” drew significant attention. Some interpreted this as playful support for Dogecoin, while others saw it as a metaphor for Musk’s Government Efficiency Department (D.O.G.E.), which aims to improve federal operations.

Meme Coin Community’s Reaction

The meme coin community welcomed Musk’s comments with enthusiasm. Known for influencing Dogecoin’s price in the past, Musk’s remarks often lead to heightened activity. The similarity between D.O.G.E.’s acronym and Dogecoin’s ticker symbol fueled further speculation.

Despite Musk’s upbeat tone, D.O.G.E. has faced challenges, including legal disputes and leadership changes, which have created uncertainty. This volatility affected Dogecoin prices, which dipped following the announcement.

on cryptocurrency growth and Dogecoins market potential. The image features an abstract space

Dogecoin’s Price Movement

Despite Musk’s comments, Dogecoin saw a 10% drop, trading at $0.3434, with a 24-hour volume decline of 37%, reaching $7.12 billion. DOGE’s trading range fluctuated between $0.3825 and $0.3359, while open interest in DOGE futures fell by 12%, indicating bearish market sentiment.

However, whale activity suggests continued interest in Dogecoin. Crypto analyst Ali Martinez highlighted a recent transaction involving over 588 DOGE worth $1 million, signaling potential optimism for a near-term recovery.

What’s Next for Dogecoin?

Musk’s “DOGE to Mars” remark has reignited excitement in the Dogecoin community, with many speculating a potential rally. Price analyses suggest DOGE could reach $0.40 in the coming days, though consolidation between $0.37 and $0.41 is expected.

Elon Musk’s influence on the crypto market remains undeniable, and his latest comment has once again stirred optimism among investors. Dey There will continue to provide updates on Dogecoin and its market trends.

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Pi Network Announces Critical KYC Deadline: March 14, 2025

Did the SEC Just Hit a Wall? Judge Freezes Lawsuit Against Coinbase

Ripple Fuels U.S. Crypto Adoption with $50M Grant to the NCA

Shilling Meme Coins: How Influencers Are in the Crosshairs of the Law

How Tron Is Positioned to Rise Amid the 2025 Altseason Hype  

TAGGED:crypto marketDogecoinElon Muskmeme coin

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByCamila Santos
Camila Santos is a blockchain and cryptocurrency specialist with 9 years of experience in the field. Starting her career in the financial sector, Camila quickly became interested in the potential of blockchain to revolutionize finance. She has since been involved in several high-profile blockchain projects, including the development of decentralized platforms and financial products. Her expertise spans across blockchain governance, smart contracts, and the broader implications of blockchain for the global financial system. At DT NEWS, Camila provides readers with expert analysis and commentary on the latest developments in the blockchain and cryptocurrency industries, ensuring they stay informed about key trends.
Previous Article Best cryptos to join Best Cryptos to Join This Month: Qubetics’ Decentralized VPN Revolution, Polkadot’s Multi-Chain Future, and Sonic’s Lightning-Fast Innovation
Next Article cryptocurrency evolution. The image features Bitcoin and Ethereum logos prominently Moustache: The Next Phase in Cryptocurrency Awaits
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)