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It seems the mischievous billionaire is turning back to cryptocurrencies ahead of the upcoming Tesla earnings report for the last quarter on January 24. However, the agenda is so crowded that no one seems to care about Elon Musk’s comments. Normally, such last-minute posts would be discussed in terms of double-digit price increases or decreases.
Elon Musk and Cryptocurrencies
For a long time, Elon Musk has not been able to generate the excitement he once did in the global crypto community. He had stated months ago that he no longer cared about crypto, and weeks ago he stopped talking about it. Now he is mentioning “Dogecoin to the Moon” again. However, the DOGE price has barely climbed from $0.078 to $0.08 due to the fall in BTC and Musk’s diminished influence.
About 5 hours ago, rumors emerged that Kabosu, the mascot dog of Dogecoin, had died. This false “dog death” news led to a brief 10% increase in price, reaching the $0.084 mark. It seems that under current conditions, the mischievous billionaire is not as influential as Kabosu in the market.
On the other hand, Tesla’s 2023 fourth-quarter earnings report is due on January 24, and there is speculation about whether there was any buying or selling of BTC during the last three months of the year, which saw a rise in BTC price.
