Musk Stirs Controversy Again: DOGE May Face 10% Selling Pressure, Regulatory Sword Hangs High!
Musk has recently stirred things up online, directly attacking the suicide conclusion of the Epstein case, which is closely related to $DOGE . Why? Because he often promotes Dogecoin, and now he's entangled in a sensitive topic, which is like drawing fire to the cryptocurrency circle. If his company’s stock drops because of this or comes under regulatory scrutiny, retail investors may panic, and Dogecoin could suffer, potentially dropping 5% to 10% in the short term.
Even more troublesome is that the U.S. is now strict about tech moguls interfering in social issues. Musk hasn't realized the risks of speaking casually. If he gets scrutinized more closely, Dogecoin's reliance on his personal fame may not hold up. In the current situation, the Musk effect has shifted from boosting sales to creating pitfalls. Dogecoin players need to keep an eye on his company's movements and policy trends; if there are any signs of trouble, they should run.
If you want to delve deep into the cryptocurrency world but can't find a clue, and want to quickly get started and understand the information gap, click on my avatar to follow me for first-hand information and in-depth analysis.
