That discovery, of course, never happened. The crypto fell that day. And many people forgot about the tweet—but not the marketing team at Axe.
Opening Tuesday, even though Dogecoin presently succeeds in the 17-cent range. It can’t regard $1 without a telescope and a vivid imagination. Axe will start giving away cans of Axe Dogecan—defined as a “48-hour crypto scent with a dank musk.”
The bodyspray will be free, but they’re limited. Knowing the enthusiasm of the Dogecoin army, they should go fast. If you want to try to get one, registration will start on Tuesday, July 20, at 10:00 a.m. ET at this website.
We’re going to the moon, the company responded in a statement sent out with sample cans. (Negative, Fortune didn’t catch one.) In this can, you’ll discover the crypto-confidence you require to get there. This isn’t a scent to pause and admire how far the Doge Army has come. It’s the fragrance to rocket all the space there. So strap in.
Dogecoin, the preferred crypto of Elon Musk, has had quite a journey after Doge Day—April 20. It concluded that day, declining to 33 cents, but a little over two weeks later, it had climbed to 72 cents—and the $1 mark seemed within reach. Then the bottom dropped out.
There were a few micro assemblies, but Doge has essentially been in free fall ever after, tumbling added 5% on Monday.
Dogecoin’s Current Status and Future
At the time of going to press, Dogecoin had fallen 1.33% in the past 24 hours and traded at $0.197. In the last week, Dogecoin’s price has fallen by 16.8%. Such as the other popular cryptos, especially Bitcoin,
Dogecoin hasn’t adapted to the specific laws affecting the general financial markets. Alternatively, its price has been reliant on market shapers and influencers.
Typically, and as we’ve reviewed in the recent past, Dogecoin’s price hikes on influencers’ sentiments. If the feelings are concrete, their demand and value go up. Nevertheless, the opposite is also true. Negative beliefs create an opposite effect on meme-based crypto.