Support Tweet from Elon Musk to Dogecoin

The sharp decline in cryptocurrencies maintains its agenda in the market. Tesla CEO Elon Musk, who directs the cryptocurrency market with his tweets, is closely followed by investors. Successful businessman Musk shared a tweet in which he supports Dogecoin, which he follows closely.

Elon Musk: "I Will Continue to Support Dogecoin" Dogecoin (DOGE), which ranks 11th in the cryptocurrency market by value, records transactions at $0.056, according to CoinGecko data. Tesla CEO Elon Musk shared about Dogecoin, which lost more than 18 percent in value in the last 7 days and gained 6.3 percent in the last 24 hours. This tweet of Musk, who said, “I will continue to support Dogecoin,” received more than 73 thousand likes and more than 11 thousand retweets. According to CoinGecko data, the meme cryptocurrency Dogecoin has lost 35 percent in the past month. The depreciation in the last 1-year calendar is at the level of 80.7 percent. DOGE, which made ATH with $0.73 on May 8, 2021, is now 92.1 percent behind this level. The market value of the cryptocurrency, which has a trading volume of $839,818,827, was recorded as $7,525,643,185.