Dogecoin has exploded! Elon Musk resigns as DOGE Minister + deflation plan double whammy, the market is directly confused!
Elon Musk is set to resign from his position as DOGE Minister at the end of May, and netizens are in a frenzy: Is he overwhelmed by the criticism? Or is he preparing for new moves? The U.S. Treasury Secretary also added fuel to the fire, saying Trump will announce tariff policies tomorrow, and the crypto market will lose sleep again tonight!
Founder Billy Markus suddenly hinted at a deflation plan (burning tokens? Reducing supply?), but Elon Musk quickly poured cold water on it: "The U.S. government will never use Dogecoin!"
D.O.G.E. has nothing to do with DOJE? This move directly left the market baffled, causing the price to plunge 3.5% on the spot!
Market reaction:
Retail investors: Cursing while buying the dip, the RSI has dropped to 10, an oversold rebound is imminent!
Analysts: If $0.165 holds, it might rebound to $0.172; if it crashes, then we’ll just wait for next week to fight again...
One sentence from Elon Musk can make Dogecoin soar or plummet; this is not cryptocurrency at all, it’s clearly a "Musk sentiment coin"!
(PS: Tariffs + Musk's resignation + deflation plan, remember to prepare a lifesaver while watching the market tonight!)
The market is in mourning, are retail investors shivering?
Smart people are already sharpening their knives quietly—when others are fearful, that's when we start to feast on 🥩!
👆🚗 Everything will be witnessed, let me see your below 9595
