@fredericanav
Elon Musk’s support has repeatedly influenced Dogecoin’s price and adoption. His endorsements often trigger price surges, but sustainability depends on broader market factors. While Musk’s backing increases visibility and acceptance, DOGE still lacks major institutional adoption. If Tesla or SpaceX integrates Dogecoin payments further, it could drive long-term demand. However, speculative trading remains a significant factor, leading to volatility.
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