Media Mogul Murdoch & Elon Musk Spark Dogecoin (DOGE) Conversation at Super Bowl
• Elon Musk and Rupert Murdoch sparked Dogecoin (DOGE) discussion at the Super Bowl.
• Dogecoin’s price has bounced back and is expected to rally beyond $0.155 in the coming weeks.
• Over $2.39 million has been liquidated from the Dogecoin market according to recent updates.
Elon Musk Sparks Dogecoin (DOGE) Discussion At Super Bowl
Media Mogul Rupert Murdoch and tech billionaire Elon Musk set off a social media debate during this year’s Super Bowl when they were spotted sitting together wearing Dogecoin-themed t-shirts, insinuating that they were discussing the meme-cryptocurrency.
Dogecoin Price Analysis & Market Outlook
The price of Dogecoin (DOGE) bounced back from $0.1 after the January crypto relief rally, with a global user base of about 5,145,693 bulls likely to take over from its current price of about $0.0832. On the daily time frame, the 50 and 200 MA just turned out to be supported despite Bitcoin’s death cross – if it follows Baby Doge in price action then it may rally beyond $0.155 to fully invalidate the 2022 bear market.
Musk Pushes For Acceptance Of DOGE As Payment
Elon Musk has been pushing for organizations such as McDonald’s to accept DOGE as a form of payment, with Twitter already working on a payment feature which could make this meme-cryptocurrency one of their top priorities.
$2.39 Million Liquidated From The DOGE Market
Coinglass reported that over $2.39 million had been liquidated from the DOGE market recently, giving a neutral perspective with possibilities of more consolidation in the coming weeks ahead for traders and investors alike in this asset class or currency pair depending on your viewpoint or experience level within cryptocurrency markets
The recent activities by both Elon Musk and Rupert Murdoch have brought some much needed attention to Dogecoin (DOGE), pushing its value up significantly since January while also sparking debates across social media platforms as more people become aware of its potential uses going forward into 2021 and beyond!