Not DOGE: This Altcoin Bounces With Elon Musk Doping!

The conversation between the popular chest coin Dogecoin (DOGE) and Tesla CEO Elon Musk is no secret. However, Tesla CEO influences not only DOGE, but all of his Shiba Inu dog-themed coins. Finally, the chest coin price rose when the BabyDoge community responded to Elon Musk’s tweet.

Tesla CEO Elon Musk is back in action!

Dogecoin (DOGE) patron Elon Musk continues to influence the crypto market with his shares. Although the shares may not pump as much as in the bull market, they are not bad for the bear market. However, this time the original chest coin did not affect DOGE, but his offspring.

Elon Musk made a post on Twitter in the form of “I will not let you down no matter what it takes”. The statement, whose address is unknown here, BabyDoge group must have taken it upon themselves and replied. Following Musk’s post, BabyDoge’s official account expressed the community’s gratitude to Tesla CEO Elon Musk, in response to this tweet.

BabyDoge price action

Crypto analyst Tomiwabold Olajide explains the movements in BabyDoge price behind Elon Musk’s share. The altcoin rallied shortly after the tweet exchange, as reflected by a massive 4-hour green candle followed by three consecutive candles. The chest coin has seen a sharp recovery from the low of $0.0000000113 on Wednesday, October 19th to the highs of $0.000000000124 in a few hours. At press time, BabyDoge was at $0.000000001181, up nearly 2% against the base of other cryptoassets trading in red.

Koindeks.com As you follow, there is a historical bond between BabyDoge and Elon Musk. That link goes back to July last year, when the Tesla CEO changed the words of Pinkfong’s ‘Baby Shark’ music and tweeted his version. Last July, the ‘Baby Doge’ music boosted the chest coin’s popularity. This caused the price to skyrocket.

Could Elon Musk be talking about the Twitter reconciliation?

The content of Elon Musk’s tweet remains unclear. However, many assume he is referring to the Twitter engagement. This assumption is based on certain developments that are expected to take place in the coming days. As you know, the Tesla CEO’s attempt to buy Twitter has been delayed due to a number of issues. As Reuters reported, Musk said on Wednesday he was excited about his acquisition of Twitter, even as he and other investors overpaid for the social media company. Until October 28, next Friday, Elon Musk will either have Twitter or be put on trial if he isn’t.

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