Doge Price Prediction:

Recent days have seen intense selling pressure on Dogecoin’s price, which has caused a 23% decline in value over the previous week. Despite this, DOGE trade volume has dramatically increased, rising by 128% to $668 million. Dogecoin is now trading for $0.0740.

When billionaire Elon Musk implied that he would be stepping down as CEO of Twitter earlier this week, the rain began pouring down on the Dogecoin price. Musk has only been in charge of one of the biggest social media networks in the world for three months, during which time he made suggestions about DOGE becoming Twitter’s official cryptocurrency.

Since Elon Musk took over Twitter, the price of Dogecoin has become very responsive to his tweets and remarks. This was proved in October when, following the announcement of Musk’s acquisition of the social networking site, the price of DOGE increased by more than 178% and reached a trading value of $0.1596.

Should I step down as head of Twitter? I will abide by the results of this poll.

— Elon Musk (@elonmusk) December 18, 2022

Musk’s tenure at Twitter appears to be coming to an end, which could cause Dogecoin’s price to decrease more. There is, however, a chance that the billionaire will remain at Twitter to see the business through the improvements he had planned before making his offer to buy it.

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