The Impact of an Elon Musk Tweet on Dogecoin

Essay , 2022 , 5 Seiten , Note: 1.5

Informatik - Angewandte Informatik

This paper investigates the impact of an Elon Musk tweet on Dogecoin. It’s remarkable to observe such a contrast between tweets and Dogecoin investment in the investigated time frame. Regular tweeting about Dogecoin attracted some attention to the cryptocurrency; however, its value is still below 1 USD. The results show that a hashtag’s overall attitude doesn’t have the instant impact the media wants to describe, but it’s still noticeable.

• Hochschule: Universität Basel
• Note: 1.5
• Jahr: 2022
• Seiten: 5
• Katalognummer: V1352341
• ISBN (eBook): 9783346866233
• Sprache: Deutsch
• Schlagworte: impact, elon, musk, tweet, dogecoin