empty
 
 
04.02.2021 01:31 PM
Elon Musk back on Twitter to support Dogecoin

Against this backdrop, the cryptocurrency has gained 50% today amid a new post from Tesla's chief. The price of Dogecoin jumped to 0.05798 US dollars per token after Musk first tweeted "Doge", and then wrote, "Dogecoin is the people's crypto."

Notably, the same happened to bitcoin last week. It rallied right after Elon Musk tagged it in his Twitter. Musk said he is a big supporter of bitcoin. A day earlier, his messages triggered a rise in Dogecoin. Commenting on this situation, the billionaire said it was just a joke, just like the Dogecoin cryptocurrency itself. Funny enough, even such jokes can influence the crypto market. What if Dogecoin becomes the world's next cryptocurrency, Musk said.

By the way, he has since removed the tag #bitcoin.

This image is no longer relevant

Ekaterina Kiseleva,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback