Dogecoin Options Trading Hits $4B All-Time High Amid Bearish Sentiment
Trading activity in Dogecoin options reached a record $4.06 billion, with bearish positions dominating the market following Elon Musk's X payment integration plans. The surge coincides with Musk's potential role in Trump's administration, while DOGE maintains its position as the seventh-largest cryptocurrency despite recent price decline.
Twitter Influencers and Memecoin Failures: New Study Reveals Alarming 76% Promotion Rate of Dead Tokens
A comprehensive analysis of 1,567 memecoins reveals that over 76% of Twitter influencers promote tokens that become worthless, with 90% losing 80% of value within one month. The study shows smaller influencers surprisingly outperform larger accounts, while promoters earn an average of $399 per tweet.
Dogecoin Surges as Musk's Cryptic 'X' Tweet Fuels Payment Integration Rumors
Dogecoin's price jumped over 10% following Elon Musk's mysterious 'X' tweet, sparking speculation about potential crypto payment features on the social media platform. The meme cryptocurrency's rally highlights its continued sensitivity to the Tesla CEO's social media activity, though experts caution about sustainability without concrete implementation.