Elon Musk’s Post Boosts Dogecoin Social Buzz Amid Muted Market Activity

**Elon Musk’s Post Boosts Dogecoin Social Buzz Amid Muted Market Activity**

Elon Musk’s latest “It’s time” post on X has sparked a notable surge in Dogecoin social mentions, reigniting interest within the community. Following the tweet, DOGE social volume reached multi-day highs, reflecting increased engagement among enthusiasts and followers.

However, despite the uptick in social buzz, Dogecoin’s price has remained stable around $0.16, showing minimal movement in the market. On-chain activity also remains subdued, with daily active addresses at approximately 37.7K and transaction volume steady at $125 million. These figures suggest limited trading and adoption momentum so far in 2025.

Furthermore, open interest in DOGE futures has declined to $690 million, indicating waning trader confidence even though funding rates remain positive. This cautious sentiment contrasts with the heightened social media activity, highlighting a disconnect between community enthusiasm and market behavior.

Elon Musk’s previous endorsements in 2021 were instrumental in driving significant rallies for Dogecoin. However, his recent post, while generating excitement on social platforms, has not yet translated into substantial price movement or increased trading volume as of November 2025.

Market participants continue to watch closely for any developments that could trigger renewed momentum for Dogecoin. For now, the community engagement is vibrant, but the market impact remains muted.

Stay updated on DOGE trends and explore the latest on-chain data and trader sentiment to navigate the evolving landscape of Dogecoin.

—

*Read more on BitcoinEthereumNews.com*
https://bitcoinethereumnews.com/tech/elon-musks-post-boosts-dogecoin-social-buzz-amid-muted-market-activity/