After the news of elon musk
founder, ceo at tesla, spacex
Elon Musk is an enthusiastic cryptocurrency believer, quivering the crypto world through his sparkling tweets. He has a complex relationship with cryptocurrencies. His tweets solely are responsible for the crypto volatility. Musk splendidly purchased $1.5 billion in the king of cryptocurrency. He was born on June 28, 1971, and is based in Pretoria, South Africa. His mother is Maye musk and his father is Errol musk, he is a South African electromechanical engineer, pilot, sailor, consultant, and property developer.
He graduated from the University of Pennsylvania, earning a bachelor's degree in Arts and physics, and the Wharton School, earning a bachelor's degree in science, and economics. Musk was honored by Axel Springer Award, an annual award given to remarkable personalities who are extremely innovative, build new markets and change markets, shape culture, and confront their social responsibility.
In 1995, Elon Musk and Greg Kouri founded a web software company called ZIP2. The company developed and marketed an Internet city guide for the newspaper publishing industry, with maps, directions, and yellow pages.X.com and PayPal: in 1999, he co-founded X.com which is an online financial service and email payment company. Space X: on 14, March 2002 he founded space x company which provides space transportation services.
On July 1, 2003, he founded TESLA. Tesla is an electrical vehicle and clean energy company which designs and manufactures electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and so on. His other activities involve SolarCity and Tesla Energy, Neuralink, the boring company, Managerial style and treatment of employee Hyperloop, openAI music, and ventures. Etc. he made $165 by selling PayPal to eBay. And was first listed on the Forbes Billionaires List in 2002, with a total net worth of $2 Billion.
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finally deciding to acquire Twitter, the meme currency, Dogecoin, surged nearly 10% in the early hours today. As per the deal, Elon Musk will pay $54.20 per share or $42 billion to acquire the firm.
At the time of publication, Dogecoin is changing hands at $0.063 with a fall of 1.26% over the last 24hrs. The dog-themed currency is still nearly 92% down from its all-time high of $0.74 in May 2021. The immediate resistance lies at $0.075, while the support is at $0.055.
A famous crypto analyst and trader, anonymously known as Smart Contracter, is claiming a bullish stance towards Dogecoin and informs his 211,200 followers on Twitter that the altcoin is currently in an accumulation zone.
Dogecoin On A Bull Run
He even believes that DOGE will move much higher than $0.065 soon.
Smart Contracter had accurately predicted the 2018 Bitcoin bear market six months before the event occurred; thus, he has a lot of credibility to his name.
Even the analytic firm Santiment is of the same opinion. Santiment’s report claims that there is an increase in whale transactions and funding rates on the network- which are the two most crucial market change indicators.
As the two indicators, whale transaction and funding rates are leaning towards a positive end, dogecoin
is expected to see a bull run.