Dogecoin has gained almost 50% in price less than an hour after the publication of a series of tweets by Elon Musk.
— Elon Musk (@elonmusk) February 4, 2021
Half an hour after the first tweet, the head of SpaceX and Tesla posted a picture with a coin symbol in his hands, with the caption “welcome”:
ur welcome pic.twitter.com/e2KF57KLxb
— Elon Musk (@elonmusk) February 4, 2021
In the third tweet, Dogecoin was named “the people’s cryptocurrency”.
Dogecoin is the people’s crypto
— Elon Musk (@elonmusk) February 4, 2021
In the fourth, Musk wrote: “No highs, no lows, only DOGE.”
No highs, no lows, only Doge
— Elon Musk (@elonmusk) February 4, 2021
At the same time, billionaire Mark Cuban wrote that he would choose the latter between the lottery ticket and Dogecoin.
If I had to choose between buying a lottery ticket and #Dogecoin …..I would buy #Dogecoin. But please dont ask me to choose between it and anything else 😁😁😁 https://t.co/BXwqHnq9IZ
— Mark Cuban (@mcuban) February 4, 2021
At the time of writing, Dogecoin is priced at $ 0.58.
Data: TradingView.
In April 2019, Elon Musk named Dogecoin as his favorite cryptocurrency.
In March 2020, the entrepreneur posted a photo of the dog on Twitter and stated that “they have the best coin.”
Musk later admitted that he likes to “joke sometimes” about Dogecoin.
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