• Media Mogul Rupert Murdoch and Elon Musk discussed Dogecoin (DOGE) during the Super Bowl.
• Elon Musk has been pushing for different organizations to accept Dogecoin as a payment option.
• Dogecoin price has bounced back from $0.1 after the January crypto relief rally and is currently at a neutral perspective with possibilities of more consolidation in the coming weeks.
Rupert Murdoch and Elon Musk Discuss Dogecoin
Media Mogul Rupert Murdoch and tech billionaire Elon Musk sparked discussion about Dogecoin (DOGE) during the Super Bowl over the weekend. While wearing a Dogecoin-themed t-shirt, Musk was spotted sitting next to media mogul Rupert Murdoch, who owns Fox empire and this year’s broadcaster of the Super Bowl. A former $100 million money manager questioned what topic of discussion was between these two billionaires, to which Musk replied that it was about DOGE.
Elon Musk Pushes for Different Organizations to Accept DOGE
Musk has been advocating for different organizations to accept Dogecoin as a form of payment – Twitter is currently working on its payment feature with DOGE being one of its top priorities. Although there have been some liquidations from the market recently according to Coinglass, there is still hope that this meme-coin will be able to pick up again soon.
DogeCoin Price Analysis & Market Outlook
The second largest proof-of-work secured blockchain after Bitcoin enjoys a global user base of about 5,145,693 – giving bulls hope that they can take over from here on out at its current price of around $0.0832. On the daily time frame, the 50 and 200 MA just turned out to be supported despite Bitcoin’s death cross – if DOGE follows Baby Doge in price action then it could potentially rally beyond $0.155 and invalidate 2022 bear market trends entirely!
FUD Around BUSD May Drag Bitcoin Lower
Although there are some optimistic predictions surrounding DOGE’s future performance in terms of price action, FUD around BUSD may drag bitcoin lower which could also affect other cryptos too such as Ethereum or Litecoin in turn – so investors should keep their eyes peeled if they are interested in making any investments based off these assets!
Overall, Rupert Murdoch and Elon Musk sparked an interesting conversation regarding cryptocurrency’s potential during this year’s Super Bowl – with their words we can expect more organizations accepting DOGE as a form of payment soon enough! Despite recent liquidations from markets causing concern for some people invested in cryptos like BTC or ETH, those looking into investing should do their own research before committing any capital as prices could go either way depending on news events or speculations made by influential figures such as these two billionaires!