Cena ElonELON

Elon nuking my equities portfolio was not part of my holiday plans sigh

Down more than 8% and holding just above $300 on Monday, MicroStrategy (MSTR) shares are now lower by about 30% since just after the announcement of their inclusion into the Nasdaq-100 index and nearly 50% from their late November record high. The signs of at least a major short-term top in one-time barely known enterprise software company turned juggernaut Bitcoin Development Company were everywhere. First among those signals was the rocketing stock price — at its high of $543 in late November, MSTR was up nearly eight-fold in 2024 and more than a 50-bagger since the company began buying bitcoin (BTC) in August 2020. There was also founder and Executive Chairman Michael Saylor — never shy about promoting his company's prospects and evangelizing for Bitcoin — who late this year had somehow become even more ubiquitous on the financial news, podcast and social media carousels. It wasn't just the constant appearances, but subtle changes in Saylor's attitude to what might charitably be described by U.S. sports fans as "spiking the football" following a touchdown. Among them was the constant promotion of the MicroStrategy-invented key performance indicator of "bitcoin yield," which recalled late 1990s made-up internet bubble metrics like "page views." His company flush with cash from share and convertible debt sales, Saylor — for reasons unknown — late in the year also got in the habit of teasing announcements of sizable new bitcoin purchases on the Sunday prior to the official regulatory filing on Monday morning. And then there was the emergence of copycats. Despite years of the obvious success of Saylor's bitcoin treasury strategy, there had been a decided lack of other publicly traded corporates adopting the same. Yes, a few — even large-caps like the Elon Musk-led Tesla and Jack Dorsey-led Square — had dipped their toes into bitcoin acquisition. No other company of note, though, was willing to not only adopt bitcoin as their main treasury asset but take advantage of willing markets to raise additional capital with which to accumulate tokens. That changed in a sizable way this year however, with small cap medical device maker Semler Scientific, Japan hotel operator Metaplanet, and a number of bitcoin miners among those embracing the Saylor vision — each of them earning social media plaudits from Saylor with every capital raise and bitcoin purchase announcement.

$PEPE Since we all know that Elon has changed his profile picture to Pepe, do you think it can flip $SHIB ??? Wdyt ?

Analysts forecast Dogecoin price may hit $20 in the ongoing meme coin rally amid the surge in whale activity with 90M DOGE accumulated. Analyst Javon Marks forecasts that Dogecoin (DOGE) price is poised for a major rally, potentially reaching $20 during the ongoing bull cycle. Marks’ analysis is based on historical performance trends, which have shown progressively larger price gains in Dogecoin’s previous cycles. Current market activities, including a rebound in DOGE price and increased whale transactions, suggest a promising outlook for the meme coin. Will Dogecoin Price Surge to $20? Analyst Predicts Monumental Bull Cycle Ahead In a recent analysis shared on X (formerly Twitter), Javon Marks expressed confidence in Dogecoin’s potential to achieve unprecedented growth during the ongoing bull cycle. His observations highlighted a pattern of progressively larger price gains in Dogecoin’s previous cycles, with the current trajectory suggesting another monumental run. According to Javon’s analysis, DOGE price cycles exhibit exponential growth during bull runs, with significant surges noted in 2017 (90x) and 2021 (306x). Based on these historical patterns, projections for 2024 suggest a potential surge exceeding 306 times, targeting prices above $20. The chart highlights consistent upward trends leading to explosive rallies, driven by market momentum and investor sentiment. If DOGE replicates past performance, the next cycle could see unparalleled highs. Screenshot-355.webp Additionally, Dogecoin price recently rebounded to $0.3226 after touching a weekly low of $0.3097. This movement indicates that the $0.3097 mark could be a potential floor price signaling further upward momentum. These analyses are in line with recent bullish predictions by Galaxy Research, which projects Dogecoin to reach $1 by 2025. The firm highlights key fundamentals like whale accumulation and Elon Musk’s D.O.G.E. initiatives as catalysts for this growth. While Dogecoin faces competition from other memecoins, its historical growth patterns suggest this target is achievable.$DOGE

Here are some of Elon Musk's most notable tweets about cryptocurrencies 1. December 20, 2020: Musk tweeted, "One word: Doge," leading to a substantial increase in Dogecoin's price. 2. January 28, 2021: He shared an image of a rocket with the caption "Doge," contributing to a sharp rise in Dogecoin's value. 3. February 4, 2021: Musk tweeted, "Dogecoin is the people's crypto," resulting in a significant surge in Dogecoin's price. 4. May 12, 2021: Tesla announced it would suspend vehicle purchases using Bitcoin due to environmental concerns, causing Bitcoin's price to drop. 5. May 20, 2021: Musk tweeted a meme related to Dogecoin, leading to a 10% increase in its price. 6. December 14, 2021: He announced that Tesla would accept Dogecoin for merchandise purchases, causing Dogecoin's price to spike over 20%. 7. April 3, 2023: Twitter's logo was temporarily changed to the Dogecoin symbol, leading to a rise in Dogecoin's price. 8. November 13, 2024: Following President-elect Donald Trump's announcement of the "Department of Government Efficiency" (DOGE) to be led by Elon Musk, Dogecoin's value surged nearly 20%. These instances demonstrate Musk's substantial impact on cryptocurrency markets through his social media activity. Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.