On February 22, 2025, an Altcoingordon tweet aroused attention in the cryptocurrency community, focusing on the market for memes influenced by celebrities. The tweet, which has become viral, represented an image illustrating with humor the behavior of individuals investing in pieces even supported by celebrities (source: Twitter, @altcoingordon, February 22, 2025). This event led to significant volatility in the meme parts sector, with significant price movements observed on several tokens. For example, Dogecoin (DOGE) experienced a sharp increase of 12.3% in the first hour of the publication of the tweet, reaching $ 0.52 to 10:15 am UTC (Source: Coinmarketcap, February 22, 2025). Likewise, Elon Musk’s memes play, Eloncoin (Elon) saw an increase of 9.8% at $ 0.042 at 10:30 am (Source: Coingecko, February 22, 2025). These rapid price increases underline the influence of social media and celebrity mentions on the markets of the same, which are often motivated by speculative trade rather than by a fundamental value (source: cryptoslate, February 22, 2025).
The commercial implications of the Altcoingordon tweet were deep because it catalyzed a purchase frenzy among retail investors. The volume of negotiation against Dogecoin increased to 15 billion DOGE negotiated in the first three hours following the tweet, against an average daily volume of 5 billion DOGE (Source: Coinmarketcap, February 22, 2025). Likewise, Eloncoin’s trading volume increased by 300%, reaching 2.5 billion Elon negotiated at 1:00 p.m. UTC (Source: Coingecko, February 22, 2025). This increased volume indicates a strong reaction of the market to celebrities linked to celebrities, often leading to short -term price peaks followed by volatility. In addition, the relative force index (RSI) for Doge and Elon has gone through an exaggerated territory, DOGE reaching an RSI from 78 to 11:00 am UTC and Elon hitting an RSI from 72 to 11:15 am UTC (Source: TradingView, February 22, 2025) . These measures suggest that short -term potential corrections could be on the horizon because the market digests the initial wave.
The technical analysis of the market in the same post-tweet has revealed several key indicators. Bollinger strips for Dogecoin have developed considerably, the upper strip reaching $ 0.30 at 11:30 a.m. UTC, indicating increased volatility and price reversal potential (Source: TradingView, February 22, 2025). The divergence of Mobile Average Convergence (MacD) for Eloncoin showed a Haussier crossing at 11:45 am UTC, the MacD line crossing the signal line, suggesting a continuous short -term increase (source: tradingView, February 22, 2025) . In addition, chain metrics for Dogecoin showed a peak in active addresses, with 250,000 active addresses recorded at 12:00 pm UTC, against a daily average of 150,000 (source: Glassnode, February 22, 2025). This increase in active addresses indicates increased interest and market participation in memes parts after the tweet.
In terms of AI developments, there was no direct correlation between this meme piece event and AI technologies. However, the broader feeling of the cryptography market is influenced by the progress of AI, as shown in the performance of tokens linked to AI like Singularitynet (Agix) and Fetch.ai (FET). On February 22, 2025, Agix experienced a modest increase from 2.1% to $ 0.85 to 2:00 p.m. UTC, while the FET increased by $ 1.8% at the same time (source: Coinmarketcap, 22 February 2025). These gains, although smaller than those observed in the same parts, reflect a constant interest in AI technologies in cryptographic space. The correlation between AI developments and the feeling of the cryptography market remains a key area to monitor, because algorithms and commercial platforms focused on AI could potentially amplify market movements in the future.