Birdwatch Note Rating
2023-03-07 11:24:18 UTC - HELPFUL
Rated by Participant: 3A758818D71DCADEBCE222C0DD688CC7C986D8F4782E49B2CEF31D32D1271F41
Participant Details
Original Note:
Elon’s tweets historically have had the power to move markets, especially crypto markets. Elon’s fondness for memes & tech led him to make Doge his favorite crypto. One possible reason he periodically tweets Dogecoin-related memes is because of the effect it has on the price. https://www.r-bloggers.com/2021/02/causal-effect-of-elon-musk-tweets-on-dogecoin-price/
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