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Twitter’s new dog icon is sending dogecoin – sigh – to the moon

14 points| michlim | 2 years ago |techcrunch.com

6 comments

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klyrs|2 years ago

How 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.

croes|2 years ago

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"

BulgarianIdiot|2 years ago

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.

TobyTheDog123|2 years ago

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.

TheCoelacanth|2 years ago

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.