Business

Dogecoin up by 79% after Elon Musk new tweet (See Tweets)

Published

4 years ago

February 4, 2021

edujandon🏅

Dogecoin just gained 79% after the richest man on earth, Elon Musk called it “the people’s crypto”.

The PayPal, spaceX and Tesla founder has always been a fan of the dogecoin.

See series of tweets below

ur welcome pic.twitter.com/e2KF57KLxb
— Elon Musk (@elonmusk) February 4, 2021

Dogecoin is the people’s crypto
— Elon Musk (@elonmusk) February 4, 2021

Doge
— Elon Musk (@elonmusk) February 4, 2021

As Musk tweeted just a photo of the SpaceX rocket with the Moon in the background, he soon followed it with one word “Doge”, as Dogecoin price literally shot up on ‘To The Moon’, as it surged 44% after the tweets, Market Watch reported.

Data from Cointelegraph Markets and TradingView showed DOGE/USD rebound past $0.05 per token on Thursday, edging towards new all-time highs.

Shortly after his first tweets and Dogecoin’s initial pump, Musk then tweeted an image of the iconic scene from The Lion King where Rafiki holds up a young Simba — but swapped his face to show him holding up a young Dogecoin. He added, “ur welcome.