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Musk supports dogecoin. Is he a big behind-the-scenes banker?
Whether Musk is a big behind-the-scenes banker is uncertain.

202 1 The man who changed the fate of dogecoin appeared, and that was elon musk. 65438+1On October 28th, Musk posted the magazine cover of dogecoin on Twitter. On that day, the price of dogecoin more than tripled, from 0.007 to 0.027.

From this day on, Musk began to "bring goods" to dogecoin on Twitter, and almost every time Musk's voice was accompanied by the soaring price of dog coins.

On February 4th, Musk posted two messages about dogecoin on Twitter. One of them said to Weibo, "No orgasm, no underestimation, only dogs". On this day, the price of dogecoin once soared by about 60%.

From April 15 to April 16, dogecoin showed an upward trend. Musk sent a picture on Twitter with the title: "The dog barks at the moon". The next day, an expression pack was released, meaning that "dogecoin storm" would sweep the financial system.

There is a "Whale" account on the Internet that received a transfer from dogecoin, with the amount of 28.06 197 1, and Musk's birthday happened to be June 28th, 197 1. Whether the "whale" is related to Musk or even Musk himself, at present, these are only in the speculative stage, and there is no actual evidence to prove it.

Musk's favorite Dogecoin fell by 26%

On April 23rd, the cryptocurrency market reappeared in blood shed. The firecoin market shows that bitcoin once fell by more than 10% in the selling tide and once fell below $49,000, which was the worst trading day in April. As of press time, the price of bitcoin has not rebounded above $50,000.

April is a very lively month for the currency circle. On April 14, boosted by the listing of Bitcoin base, the largest cryptocurrency exchange in the United States, on the Nasdaq Stock Exchange, Bitcoin ushered in its most brilliant day, rising to the highest point of 65,000 US dollars. This means that if investors bought 1 bitcoin at that time, the current loss amount is close to 654.38+10,000 yuan.

Bitcoin fell below the key price, funds poured out crazily, and dozens of other mainstream currencies in the cryptocurrency market also showed a scene thousands of miles away. The mainstream varieties such as Ethereum and Litecoin all plunged 10% or more. Dogecoin plunged more than 26%, temporarily reporting $0.265438 +0.