Elon Musk Tweet Cools $DOGE Rally as Investors Buy This New Memecoin

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.

img fetchpriority="high" decoding="async" src="https://cryptonews.com/wp-content/upl..." width="748" height="415" srcset="https://cryptonews.com/wp-content/upl... 748w, https://cryptonews.com/wp-content/upl... 300w, https://cryptonews.com/wp-content/upl... 150w" sizes="(max-width: 748px) 100vw, 748px" /

If there’s one thing everyone has learned in the world of cryptocurrencies, it’s that tweets from Elon Musk can send shockwaves through the market. The latest example? A Dogecoin ($DOGE) surge, initially gaining momentum, hit a sudden chill during the morning hours of December 6th. This followed Musk’s statement that his AI startup xAI was not “raising money.” The announcement sent $DOGE plummeting to $0.10 on the same day, erasing gains from a 14% rally on December 5th.

As $DOGE investors grapple with the aftermath of Musk’s tweet, a fresh breeze blows through the crypto space – and its name is Galaxy Fox. Considered by many to be a good crypto to buy, it aims to establish itself alongside crypto heavyweights like Dogecoin, Shiba Inu, and PepeCoin. It’s quickly gaining attention and turning heads away from the $DOGE drama.

Musk’s Influence on $DOGE.


Elon Musk seems to have a soft spot for this dog-themed meme token. He teased $DOGE payments on Twitter, proposed it as a payment option for Twitter Blue, and even allowed Tesla to accept $DOGE payments for merchandise. Musk’s influence on $DOGE has been tremendous.

But while Musk has bolstered $DOGE many times in the past, this time around his statement about xAI not raising money seems to have affected the coin negatively, throwing a chill over its recent rally. The crypto market’s relationship with Musk’s tweets has been a rollercoaster, but it’s clear that he has a tremendous impact on the market. 

Enter Galaxy Fox: The Rising Star in the Crypto Universe.


While $DOGE investors might be feeling the chill, Galaxy Fox is making a name for itself as the best cheap crypto to buy right now – Galaxy Fox. It’s carving its niche in the current memecoin landscape that’s dominated by Dogecoin, Shiba Inu, and PepeCoin. It’s also looking to carve out a spot beside play-to-earn projects like Sandbox and Axie Infinity.

Amid the $DOGE turmoil, this good crypto to buy is gaining traction fast. Proof of this is the fact that Galaxy Fox has reached a milestone of $850K in its presale. It was able to do so in a short period of time, indicating increasing interest in and support for the project.

As of December 10, the presale is in Stage 3, with $GFOX priced at $0.001122. With over 1 billion tokens already in the hands of early investors, things are heating up fast. The next stage is on the horizon, boasting a token price of 0.00132 – or about an 18% jump. So get in now before the subsequent increase!

Galaxy Fox’s ecosystem includes a web3 game, allowing $GFOX holders to play and earn. Gamers can enhance their skills and aim for a...

https://cryptonews.com/news/elon-musk...

#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptoworlddaily

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple