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Elon-inspired token, DOE jumps by 600% within 48 hours of going live, to trust or not to trust
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Elon Musk or dog-inspired alt coins are popping up like mushrooms in the crypto sector. While altcoins with red flags are common, crypto researcher Max Maher looked into how CoinMarketCap listings and official social media posts can make budding projects appear more legitimate.
Maher not only researched the meme coin Dogs of Elon [DOE], but also studied how it was promoted by CoinMarketCap, other major exchanges, and influencers. About CMC, he said,
“This exchange was one of the first to mention how the $DOE token had jumped in price by 600% within just 48 hours of going live.”
<p lang=«en» dir=«ltr» xml:lang=«en»>Congratulations to Dogs Of Elon ( $DOE ) for reaching 1M + watchlists in just a few days in the MINT phase. Read more on ambcrypto.comAbout this in other media
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