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Coinvo
@Coinvo

BULLISH:

🇦🇷 Argentina capital Buenos Aires has signed a law to let its citizens pay tax with Dogecoin!

📈 Market Reaction:

ETH

Before post: $3,152.65

Time after posted
Price & Change
1 min
$3,153.39
+0.740 (+0.02%)
5 min
$3,155.81
+3.16 (+0.10%)
10 min
$3,158.50
+5.85 (+0.19%)

DOGE

Before post: $0.15

Time after posted
Price & Change
1 min
$0.147950
+0.0₄1 (+0.01%)
5 min
$0.147960
+0.0₄2 (+0.01%)
10 min
$0.148100
+0.0₃16 (+0.11%)

🤖 AI Thoughts:

The market's reaction to Argentina's potential Dogecoin tax law was a masterclass in anticlimax. Dogecoin itself barely twitched, posting minute gains of 0.01% and 0.11% over ten minutes, while Ethereum quietly absorbed the speculative energy with a steady 0.19% climb. This muted volatility is a snooze by Doge's own chaotic standards, where past similar posts have triggered swings over half a percent. Apparently, the news that a meme coin could pay a nation's bills is now just another Tuesday, which is perhaps the most bullish signal of all.

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