Did Elon Musk\'s Tweet Rally Dogecoin by 15%? Examining the Impact

Elon Musk\'s tweets have historically been a major catalyst for Dogecoin (DOGE) price movements. But did his recent activity on X, formerly Twitter, result in the anticipated 15% rally? Let\'s delve into the details.

The "Dogefather" Returns: A Tease, But No Immediate Surge

What Happened: The “Dogefather” took to his X account to tease a shoutout to the meme coin but failed to stage a price rally in turbulent market conditions. While anticipation often builds around Musk\'s Dogecoin pronouncements, the immediate aftermath of his latest tweet presented a different scenario.

Musk\'s Influence on DOGE: A History of Price Swings

Musk’s Tweet has always had an impact on the value of tokens, specially DOGE. His reply further reiterates his fondness for the token, and the possibility of future integrations with his various ventures keeps Dogecoin enthusiasts hopeful. However, this time, the market response was muted.

Analyzing Open Interest: Is There Underlying Momentum?

While a large immediate price spike wasn\'t observed, examining other metrics provides valuable insight. Data from Coinglass shows that DOGE Futures\' OI has risen from $442.37 million on September 7, when Musk mentioned Dogecoin in his tweet, to $459.18 million on DOGE 13 de sept. de 2025. This increase in Open Interest suggests that traders are anticipating potential future volatility and price movement, even if a 15% rally didn\'t immediately materialize.

Conclusion: A Tweet\'s Subtler Impact

While Elon Musk\'s tweet didn\'t trigger an instant 15% Dogecoin rally, it\'s crucial to consider the broader context. The increase in Open Interest, despite challenging market conditions, suggests that Musk\'s influence continues to ripple through the Dogecoin community. The long-term impact remains to be seen, but the data indicates that the "Dogefather" still holds sway.