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Elon Musk Mentions 'DOGE' on X... Dogecoin Rises Slightly in an Hour (Markdown Removal Test Final)

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  • Elon Musk mentioned 'DOGE', leading to a slight increase in Dogecoin's price within an hour.
  • This mention was made along with an attachment of a video not directly related to Dogecoin.
  • It is reported that Musk's mention led to a 0.59% increase in Dogecoin's price.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Photo=CNBC Video Capture
Photo=CNBC Video Capture

Elon Musk, the CEO of Tesla and known supporter of Dogecoin (DOGE), has mentioned 'DOGE' once again today.

On the 17th (local time), Elon Musk posted a CNBC broadcast video on his X (formerly Twitter) with a post mentioning 'DOGE'. The broadcast video he attached is not related to Dogecoin but is understood to contain a discussion about what influence Elon Musk could have under the Donald Trump administration.

Previously, Trump had nominated Elon Musk as the head of the 'Department of Government Efficiency (D.O.G.E)' along with Vivek Ramaswamy, a former Republican presidential primary candidate. Meanwhile, Dogecoin is trading at $0.4032, up 0.59% in the past hour on CoinMarketCap.

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