![]() The Tesla and SpaceX CEO agreed to buy the company earlier this year, but has since expressed. DOGE price, 1-hour chart | Source: DOGEUSD on TradingView. Elon Musk addressed Twitter employees on Thursday ahead of his 44 billion acquisition of the company. At the time of writing, DOGE traded at $0.0871 and already saw a first retracement of the impulsive move. Elon Musk has fired Twitter’s deputy general counsel, James Baker, over his alleged suppression of internal documents about blocking The Post’s Hunter Biden laptop expos. The rally triggered by Elon Musk already ended in the middle of the range, well before the key resistance at $0.09 could even be tested. The Dogecoin price is currently in a range between $0.08 and $0.09. However, a look at the 1-hour chart reveals that the sudden surge in the DOGE price was not really substantial. Here’s a retrospective of the ongoing saga involving Elon Musk and the San Francisco-based social media platform. Dogecoin Price Remains Within Trading Range The 44 billion Twitter acquisition was first announced one year ago today. This is exactly what we are seeing this time as well. Elon Musk faced a growing backlash on Friday from lawmakers on both sides of the Atlantic, with threats of fines and sanctions, after Twitter suspended the accounts of at least. Acid test is that independent third parties should be able to determine, with reasonable accuracy, what will probably be shown to users. Afterwards, the returns fell back to the level of the first price spike. Most of the recommendation algorithm will be made open source today. The study found that Dogecoin usually sees an immediate and very large price spike, followed by another 45-minute price spike. The result of an older Blockchain Research Lab study was that there was a price jump of about three percent on average for all 47 events after Musk tweeted about DOGE. Yoel Roth, a lawyer for Elon Musk, was initially concerned about the. There is even research on the “Elon Musk” effect on Dogecoin. Related Reading: Dogecoin And Shiba Inu Soar As Elon Musk Announces New Twitter CEO
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