Cryptocurrency has attracted significant attention. Considering the number of individuals investing in bitcoin, their motivations are comparatively less clear than traditional investment decisions. As of December 2020, the market has continuously increased in cryptocurrency. Especially, the spike of joke Dogecoin shows the weirdness of the modern meme economy with the support of Elon Musk, whom himself appointed as "Dogefather". In this paper, we analysis the impact of tweets by Elon musk and present some statistical analyze with event study.
翻译:加密货币吸引了大量关注。 考虑到投资于比特币的个人数量,他们的动机比传统的投资决定要不那么清楚。 截至2020年12月,市场在加密货币方面持续增长。 特别是,笑话Dogecoin的剧增显示了现代Meme经济的怪异性,得到了Elon Musk的支持,而Elon Musk本人被指定为“Dogefather ” 。 在本文中,我们分析了Elon musk的推文影响,并以事件研究的形式提供了一些统计分析。