Can influencers directly impact the success of Coins like Dogecoin, Tamadoge, and Dogetti?

In the past week, legal action against Elon Musk regarding his involvement with Dogecoin has intensified. A pending lawsuit against Elon Musk representing individuals who have lost money from their investments in Dogecoin has now been broadened to include insider trading as a new charge.

At first, the complaints against Elon Musk accused the business leader of manipulating the price of Dogecoin – described as a pyramid scheme in the filings – through comments made on Saturday Night Live and other relevant platforms such as Twitter.

As newer meme coins enter the market, presales like Dogetti (DETI) present a more stable alternative to coins like Tamadoge and Dogecoin (DOGE). In this article, you will learn about some of the most widely known meme coins and their price relation with investors.

Dogecoin holds sway over the Meme Coin Community due to its links with Elon Musk

Dogecoin (DOGE) is the largest meme coin when ranked by market capitalisation according to CoinMarketCap. The meme coin is also supported by one of the largest crypto communities in the world, thanks to its presence on social media platforms. Dogecoin was also listed as the official symbol of Twitter for a brief period of time.

The correlation between Elon Musk’s tweets and price fluctuations of Dogecoin is apparent. The CEO of Tesla has repeatedly referenced Dogecoin in his tweets leading to clear price swings in the market. One clear instance of this was when Elon Musk tweeted “One word: Doge.” leading to a 20% price increase for the meme coin.

Is Dogetti’s price vulnerable to opinions from influencers?

When it comes to presale coins, the question of whether mentions from influencers can have an effect. Could a presale like Dogetti – a meme coin that has successfully raised $2 million from investors – be affected in terms of price and future prospects?

Such actions are capable of having an indirect effect on presale coins as well such as Dogetti. But there’s a catch. The price of presale coins is locked, increasing only when a funding stage is successfully completed. That means that the comments of influencers can only affect the price of presale meme coins once they have completed their ICO and are listed on public exchanges for trading.

Access an interactive category of games using Tamadoge’s P2E Feature

Tamadoge is a meme coin that is innovating the Web3 space with its new collection of arcade games. This meme coin takes you back to the retro age of video games with its selection of P2E games such as Tamadoge Run, Super Doge, Rocket Doge, to the Moon, and Tama Blast.

While the meme coin has yet to receive any promotion from a large-scale influencer, Tamadoge has been featured in publications such as Bloomberg, Yahoo Finance, Benzinga, Market Watch, and others.

Can Dogetti imitate the success of Dogecoin?

Presales like Dogetti offer a safer way to invest in meme coins without getting tangled up in the volatility of the crypto market. It is unclear if Dogetti will be able to replicate the level of success that Dogecoin has achieved so far but with an extensive roadmap and millions raised, the meme coin will continue to remain lucrative within the pre-sale market.

Dogetti (DETI)

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

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WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost

AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido