- Elon Musk posted on Twitter this past Wednesday to hype up Dogecoin (DOGE).
- This caught investors’ attention as DOGE was one of the only top 10 cryptocurrencies that posted a 24-hour gain.
- Technicals suggested that DOGE may rise to $0.07409 in the next 24-48 hours.
Doges ftw pic.twitter.com/bl0trQ7BdU— Elon Musk (@elonmusk) July 19, 2023
Musk’s influence on the crypto market was once again evident as most other top 10 altcoins including Cardano (ADA), Solana (SOL), and Ripple (XRP) all saw their price drop by 4.53%, 5.85% and 6.32% respectively during the time DOGE gained. Meanwhile, DOGE’s 24-hour success also ended up flipping its weekly perform…