Cryptheory – Just Crypto

Cryptocurrencies are our life! Get an Overview of Market News

Elon Musk Reminds All to Invest in DOGE with Caution

1 min read

Elon Musk Reminds All to Invest in DOGE with Caution

Doge Coin (DOGE) has been garnering a lot of attention lately. The Shiba Inu coin experienced a bull run for the past 7 days, increasing by 92.82% and currently at a market cap of over $78 million. Within that same week, it has also reached an ATH of

Considering that the coin was created as a joke, some have felt that DOGE becoming one of the top dogs among the thousands of cryptocurrencies is a miracle.

Many within the crypto community often associate tech mogul Elon Musk with DOGE, mainly because he has played a major role in popularizing and influencing the market of said coin with his charismatic force. As such, some have figured that the market of DOGE could be fuelled by hype.

As the night (or day) that Elon appears on the SNL draws close, many have started wondering if the market for DOGE would plummet after the show.

Just recently, Elon sent out a tweet — with a video of him discussing DOGE attached — to remind people to invest wisely.

Yesterday, crypto analyst and YouTuber Lark Davis advised against investing into DOGE with their entire savings due to how hype-based the market can be. Although, he also added that there is certainly no harm in investing a bit of the dog coin.


The post Elon Musk Reminds All to Invest in DOGE with Caution appeared first on SuperCryptoNews.


All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

Leave a Reply