Twitter’s new dog icon is sending dogecoin – sigh – to the moon
techcrunch.comHow to lie with statistics 101: hide the zero of your y-axis. Dogecoin has gone from .077 to 0.089, about a 17% gain. Not the moon.
The "sigh" in the title makes it pretty clear that "to the moon" isn't meant seriously and just reference to often mentioned phrase "dogecoin to the moon"
If you invest $10000 in something, and it has increase of 20%, that's $2000 profit. It doesn't matter if it was .077 to .089 or 77k to 89k.
Musk is likely just trolling the 258B dogecoin racketeering lawsuit. https://cointelegraph.com/news/elon-musk-requests-dismissal-...
At risk of sounding like one of those people who do nothing but complain about Elon Musk, I can see a scenario in which Elon wanted a bit of extra wiggle room, wanted to sell his DOGE, but inflate the price a bit beforehand.
I just don't see the "for the lulz" approach, but then again, I don't understand a lot of what he does.
No...
Someone who had to be ordered by the SEC to stop manipulating the stock market via tweets would never stoop to manipulating a completely unregulated memecoin via tweets.