$DOGE Elon Musk continues to attract attention in the cryptocurrency market with his latest comments about Dogecoin (DOGE). His latest comments caused a significant increase in the price of Dogecoin¹. Musk's tweets are often interpreted as a new support signal for Dogecoin, pushing the price of the cryptocurrency higher¹. For example, after a joke tweet by Musk, it was observed that the Dogecoin price gained 30% in the last 24 hours, 50% in the last week, and 57% in the last 30 days¹.

Musk's comments about Dogecoin not only affect the price, but also raise expectations for Dogecoin to be used as a payment system in the future. However, the fact that Dogecoin remains essentially unchanged and primarily based on memes and ads raises questions about its long-term sustainable growth potential¹.

This information gives a general idea about Dogecoin and Elon Musk's influence on cryptocurrency. However, given the volatility of the cryptocurrency market, it is important to do your own research before investing. 🚀

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