Elon Musk does Dogecoin (CCC:DOGE-USD) an offer it cannot refuse. Musk makes it very clear that he wants to be the face of the Dogecoin revolution. And as long as he continues to increase the price of the coin, DOGE investors are all for it. With his latest tweet, the eccentric billionaire has come one step closer to his goal of DOGE mascot dominance. The result is an increase in the DOGE value of 10 cents and a multitude of bullish Dogecoin price predictions.
Just 23 characters are all Elon Musk needs to drive the crypto world crazy. A five-word advertising tweet for his upcoming SNL episode triggered the DOGE rocket:
It took 14 minutes for the tweet to add 4 cents to DOGE. The coin is currently up over 14% and is trading at 31 cents.
SNL May 8th
– Elon Musk (@elonmusk) April 28, 2021
Dogecoin Price Predictions Swell After Musk Tweet
The newly minted Don Vito from DOGE must be fed up with seeing the crypto hover around the quarter mark. Every Elon Musk Dogecoin tweet is precisely placed. apparently so casual. The entrepreneur can control the trajectory of the crypto at will. Investors love it. What’s not to love when you can just hold on and watch an eccentric billionaire add word at a time to your portfolio? And with all the other celebrities, there’s no reason not to feel bullish at DOGE today. Mark Cuban appeared on the Ellen DeGeneres Show just yesterday to sing the DOGE gospel.
With all the Dogecoin praise, crypto analysts are very optimistic about DOGE’s outlook for 2021. Dogecoin price predictions all point to profit, and some even believe the coin could hit $ 1 this year . Both Coinpedia and Capital.com are signaling a DOGE target of $ 1 through December. The Economy Forecast Agency has become even more optimistic and is forecasting a price of $ 1.15 by the end of the year. WalletInvestor assumes that we could even expect a price of almost $ 2 in 12 months.
At the time of publication, Brenden Rearick had positions (neither directly nor indirectly) in the securities referred to in this article.
Article printed by InvestorPlace Media, https://investorplace.com/2021/04/dogecoin-price-predictions-where-will-dogefather-elon-musk-take-the-crypto-next/.
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