Jim Cramer’s Price Predictions Ridiculed by Elon Musk, the Co-founder of Dogecoin.

Jim Cramer, the host of CNBC’s Mad Money show, has been mocked by Dogecoin co-founder Billy Markus and Tesla CEO Elon Musk over his reputation for giving incorrect price predictions. Markus sarcastically said “Jim Cramer is good at his job,” prompting Musk to reply, “The Force is strong with inverse Cramer.” This refers to the “inverse Cramer effect,” which suggests doing the opposite of what Cramer predicts to make money in the markets. Meanwhile, Cramer had encouraged investors to buy stock in Signature Bank and Silicon Valley Bank but both were closed down by regulators. The mocking by Musk and Markus took place just a few days after Cramer urged investors to sell bitcoin because of the banking crisis – however, BTC’s value rose $4,000 in three days after his remarks. Cramer has previously taken on cryptocurrencies including Dogecoin.

Read the complete article

(Visited 4 times, 1 visits today)

About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

You Might Be Interested In


Your email address will not be published. Required fields are marked *

This is default text for notification bar