Elon Musk gave Dogecoin (DOGE) another shoutout on Joe Rogan yesterday, rocketing the coinâs price.
DOGE is up 9% in the past day, showing how just a mention can initiate a buying spree.
Meanwhile, crypto analysts are also hyped about Pepe Unchained (PEPU) â with one even predicting it could pump after its presale ends.
Dogecoinâs latest price spike proves once again that when Elon Musk speaks, the market listens.
Even if heâs not talking about crypto.
The coin is up significantly after Muskâs appearance on The Joe Rogan Experience, where he discussed plans for a âDepartment of Government Efficiencyâ â or DOGE for short.
Interestingly, Musk wasnât even referencing the OG meme coin.
His DOGE proposal, mentioned in connection with Donald Trumpâs presidential campaign, is actually about streamlining government operations and potentially saving trillions in tax spending.
However, for crypto traders, the mere mention of those four letters was enough to trigger a wave of buying demand.
This isnât the first time Muskâs words have moved markets.
The Tesla CEOâs history of crypto influence dates back years, and even this indirect reference has sent Dogecoinâs price rallying.
It remains to be seen whether itâs just a temporary pump â but Muskâs influence on the crypto market is undeniable.
Although DOGE is performing well, the broader meme coin market is sending mixed signals.
DOGE and SHIB have posted gains, but other popular coins are struggling for momentum.
PEPE and BRETT are down slightly â while PONKE has taken the biggest hit with a 13% drop.
So, whatâs behind this choppy price action?
All eyes are on todayâs election, and due to the uncertainty, the total market cap of meme coins has slipped to $58 billion.
Bitcoinâs current struggle under $69,000 isnât helping either.
When Bitcoin struggles, meme coins tend to follow suit.
The uncertainty is showing up in trading patterns, too.
Spot Bitcoin ETFs just logged their second-largest daily outflow ever, with investors pulling over $541 million yesterday.
Thatâs a sign that institutional investors are getting nervous.
With Trump and Harrisâ battle going down to the wire, many traders are opting to wait and see how things play out before committing more capital to the market.
Market apprehension may have people playing it safe â but that isnât impacting Pepe Unchained.
The project just hit $24.7 million in raised funds, with investors piling into the presale at $0.01219 per token.
And according to one crypto expert, this could just be the beginning.
Umar Khan, an analyst for 99Bitcoins, dropped a Pepe Unchained review thatâs got everyone talking.
Khan points to a perfect storm of catalysts that could send PEPUâs price soaring.
He even claimed that PEPU could 100x once listed on exchanges.
Most of his excitement comes from Pepe Unchainedâs market timing.
With Bitcoin recently nearing its all-time high and the election potentially bringing in a pro-crypto administration, Khan believes meme coins could be primed for a huge run.
Pepe Unchained would profit from these conditions.
Khan is also bullish on Pepe Unchainedâs Layer-2 technology and the projectâs 96% APY staking app.
Investors have already locked up over 1.6 billion tokens in this app.
Add in the planned DEX listing and the launch of developer grants, and youâve got what Khan believes is major profit potential.
As with all crypto investments, nothing is set in stone.
But given Khanâs bullish outlook on Pepe Unchainedâs prospects, some investors are rushing to participate in the presale before the next price increase.
Visit Pepe Unchained Presale
Disclaimer: The above article is sponsored content; itâs written by a third party. CryptoPotato doesnât endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatoâs full disclaimer.
The post Dogecoin Pumping Again After Latest Musk References as Expert Tips Pepe Unchained Could Pump Next appeared first on CryptoPotato.
DOGE is up 9% in the past day, showing how just a mention can initiate a buying spree.
Meanwhile, crypto analysts are also hyped about Pepe Unchained (PEPU) â with one even predicting it could pump after its presale ends.
Muskâs âDOGEâ Comment Accidentally Triggers 9% Price Rally
Dogecoinâs latest price spike proves once again that when Elon Musk speaks, the market listens.
Even if heâs not talking about crypto.
The coin is up significantly after Muskâs appearance on The Joe Rogan Experience, where he discussed plans for a âDepartment of Government Efficiencyâ â or DOGE for short.
Interestingly, Musk wasnât even referencing the OG meme coin.
His DOGE proposal, mentioned in connection with Donald Trumpâs presidential campaign, is actually about streamlining government operations and potentially saving trillions in tax spending.
However, for crypto traders, the mere mention of those four letters was enough to trigger a wave of buying demand.
This isnât the first time Muskâs words have moved markets.
The Tesla CEOâs history of crypto influence dates back years, and even this indirect reference has sent Dogecoinâs price rallying.
It remains to be seen whether itâs just a temporary pump â but Muskâs influence on the crypto market is undeniable.
Election Uncertainty Rocks Meme Coins as Bitcoin ETFs See Huge Outflows
Although DOGE is performing well, the broader meme coin market is sending mixed signals.
DOGE and SHIB have posted gains, but other popular coins are struggling for momentum.
PEPE and BRETT are down slightly â while PONKE has taken the biggest hit with a 13% drop.
So, whatâs behind this choppy price action?
All eyes are on todayâs election, and due to the uncertainty, the total market cap of meme coins has slipped to $58 billion.
Bitcoinâs current struggle under $69,000 isnât helping either.
When Bitcoin struggles, meme coins tend to follow suit.
The uncertainty is showing up in trading patterns, too.
Spot Bitcoin ETFs just logged their second-largest daily outflow ever, with investors pulling over $541 million yesterday.
Thatâs a sign that institutional investors are getting nervous.
With Trump and Harrisâ battle going down to the wire, many traders are opting to wait and see how things play out before committing more capital to the market.
99Bitcoins Analyst Predicts Pepe Unchained Could 100x as Presale Hits $24.7M Milestone
Market apprehension may have people playing it safe â but that isnât impacting Pepe Unchained.
The project just hit $24.7 million in raised funds, with investors piling into the presale at $0.01219 per token.
And according to one crypto expert, this could just be the beginning.
Umar Khan, an analyst for 99Bitcoins, dropped a Pepe Unchained review thatâs got everyone talking.
Khan points to a perfect storm of catalysts that could send PEPUâs price soaring.
He even claimed that PEPU could 100x once listed on exchanges.
Most of his excitement comes from Pepe Unchainedâs market timing.
With Bitcoin recently nearing its all-time high and the election potentially bringing in a pro-crypto administration, Khan believes meme coins could be primed for a huge run.
Pepe Unchained would profit from these conditions.
Khan is also bullish on Pepe Unchainedâs Layer-2 technology and the projectâs 96% APY staking app.
Investors have already locked up over 1.6 billion tokens in this app.
Add in the planned DEX listing and the launch of developer grants, and youâve got what Khan believes is major profit potential.
As with all crypto investments, nothing is set in stone.
But given Khanâs bullish outlook on Pepe Unchainedâs prospects, some investors are rushing to participate in the presale before the next price increase.
Visit Pepe Unchained Presale
Disclaimer: The above article is sponsored content; itâs written by a third party. CryptoPotato doesnât endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatoâs full disclaimer.
The post Dogecoin Pumping Again After Latest Musk References as Expert Tips Pepe Unchained Could Pump Next appeared first on CryptoPotato.
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