🚫 Scam Alert ⚠️
Elon Musk scammed us with Dogecoin and made hundreds of millions of dollars in profit.
Do you know how big a fraud Elon Musk committed with us regarding Dogecoin? Let’s find out.
As you know, 2 to 3 months ago, the price of Dogecoin was around $0.50 to $0.60. And the reason behind this price surge was simply because Elon Musk made a retweet. That single tweet pushed Dogecoin from $0.16 up to $0.50-$0.60+. And do you know how he scammed us? You’ll be shocked to hear this.
Elon Musk bought Dogecoin when it was at $0.16. Then he tweeted about it from his Twitter account, which led many naive people to believe in him and start buying and holding Dogecoin. Meanwhile, Elon Musk sold off the Dogecoins he had bought, at a price between $0.50 and $0.60. So, he made a profit while others took the loss.
Yes, some people may have profited, but I’d say this—don’t believe in Elon Musk’s tweets. There is a high chance (80%–100%) that you’ll face losses. Before he tweeted, Dogecoin was at $0.16. After the tweet, it jumped to $0.50–$0.60, and now it’s back around $0.165. Why? Because Elon Musk sold off the Dogecoin he had bought. So, in the end, he profited, and you all were left holding the bag.
That’s why I say—don’t follow these kinds of tweets. You’re very likely to lose money. Use your own judgment or take advice from someone experienced. Don’t fall for these traps. Share this widely so that everyone can know.
Important Note:
If I’ve said anything wrong, please forgive me.
That’s all for today. See you in a new post.
Stay well, stay healthy. Goodbye.
$DOGE #SCAMalerts
