Elon Musk’s Tesla Twist is Bad News for Dogecoin: What Happens Next? 🤔

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Once upon a time, in a jittery little market known as Dogecoin, the price did a funny little jig, rising a whole 1% as the brave bulls held their ground at a delightful $0.26. Meanwhile, just last week, Dogecoin had been prancing about, teasing a flirtation with the mighty $0.29 mark, all thanks to some whimsical ETF talk. Oh, the optimism was thicker than a thick milkshake on a hot day! But then! Oh dear! A shadow loomed-a particularly grumpy shadow known as Elon Musk, who, alas, had turned his gaze back to his beloved Tesla. 🚗💨

Guys…. he’s tweeting about the stock. He’s buying the stock. Daddy’s home. 😱

Tesla is back.

– Greggertruck (@greggertruck) September 15, 2025

And wouldn’t you know it? The billionaire wizard of technology flung a whopping $1 billion at Tesla shares! What a shocker! It was like Larry Ellison, the sneaky Oracle chap, had zapped Elon from the throne of richest man with a dastardly AI deal! Talk about a plot twist! 🎢

Daddy is very much home.
Am burning the midnight oil with Optimus engineering on Friday night, then redeye overnight to Austin arriving 5am, wake up to have lunch with my kids and then spend all Saturday afternoon in deep technical reviews for the Tesla AI5 chip design. Fly…🚀

– Elon Musk (@elonmusk) September 16, 2025

Meanwhile, our dear Dogecoin was left moaning and groaning as traders traded their hopes for the shiny allure of Tesla. The Dogecoin derivatives market was in disarray, tumbling down by a staggering 26.39%! It was as if the traders decided to take a day off at the amusement park while the roller coaster was closed! 🎢✨

Dogecoin derivatives market analysis, Sept 16, 2025 | Source: Coinglass

Oh, poor Dogecoin! Its open interest plummeted faster than a cat thrown into a swimming pool-over $200 million vanished just like that! All those cheerful traders trying to front-run potential ETF approval were left scratching their heads. Will they get their prized goat back, or will they have to settle for sheep? 🐐🐑

Can our Stubborn Bulls Reclaim the Coveted $0.29? 🐂

The price of our feisty Dogecoin waded into neutral waters, struggling to hold onto its $0.26 support line, like a tightrope walker after a few too many fizzy drinks.

If the open interest keeps dwindling, and the traders throw a tantrum, the Keltner Channel midline at $0.246 might be the only thing that stands between Dogecoin and a rather deep belly flop into the $0.21 abyss. What a tragedy! 🎭

Dogecoin (DOGE) Technical Price Forecast | TradingView

Those bullish bulls were starting to sag, and if they want their cherry back up at $0.29, they’ll need to grab hold of the $0.28 resistance like it’s a lifebuoy! If the ETF verdict brings good news, we might just see Dogecoin soar to a dizzying $0.32-talk about a happy ending! 🤑🎉

But should the $0.26 line collapse into a puddle, we could be staring at a long and dreary consolidation between $0.21 and $0.24. What a bore!

Snorter Presale Approaches $4M While Dogecoin Traders Seek Alternatives 💸

As our beloved Dogecoin dances about, anxiously awaiting Musk’s next move, an intriguing newcomer named Snorter Bot popped onto the scene. It’s strutting around like a peacock, offering low transaction fees, zippy execution, and VIP access to token launches. How dapper! 🦚

Snorter Bot Presale

With a dazzling $3.9 million already collected, Snorter is just a hop and skip away from its $4.4 million target. The traders are twirling their wallets around, ready to leap into this lark before it takes off like a rocket! And with only a sprinkle of hours left before the next price jump, the official Snorter website awaits its bustling new investors! 🚀💰

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2025-09-17 02:30