Dogecoin Price Prediction: Elon Musk’s Comments on Biden Stir Market Sentiment
Over the last 24 hours, the Dogecoin price has dipped slightly by 2.16%, coinciding with an overall market dip, with meme coins averaging a 3.7% decrease. However, recent comments made by Elon Musk seem to have stirred Dogecoin Sentiment.
Todays loss slightly displaces the notable growth Dogecoin has made since last Friday, posting a 12.67% gain, in line with that observed by other notable altcoins .
Indeed, with this renewed growth, trader interest in Dogecoin has also been revived. The coin’s trading volume has surged by 15.72% to $557.96M over the past day.
This increased trader interest may be attributed to a recent comment made by Elon Musk during an X conversation with DogeDesigner, a pseudonymous user who works as a graphic designer in the Dogecoin ecosystem.
DogeDesigner raised questions about Biden’s competency, saying, “Every time I see Biden speaking, I wonder how this man became the President of America.”
Musk, who frequently interacts with DogeDesigner on X, responded by taking a dig at Biden, giving off “Late-stage civilization vibes.”
Late-stage civilization vibes
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