Dogecoin price soars after Elon Musk’s tweets and memes
Dogecoin price soars after Elon Musk’s tweets and memes
Dogecoin, the cryptocurrency that Elon Musk kept tweeting about, has climbed to an all-time high at all times, and the wave doesn’t look like it’s coming any time soon.
It soon became the focus of reddit users in early February, when they had turned their attention to the cryptocurrency after it fueled a stratospheric rise in the shares of U.S. video game retailer Gamestop.
Since then, the virtual currency has surged 320 percent in the past month to 17 pence per 2021 record at 4,900 percent.
This is the highest figure for the cryptocurrency and the result of a half-iron movement involving thousands of buyers, tens of thousands of online posters and trillionaire Musk.
Musk has been one of Dojacoin’s prominent backers for some time now.
On Thursday he tweeted a photo with a caption that read, “Doge barks at the moon.” The massive growth of dojoin in the cryptocurrency market is indicated.
Bellen angry or smart to increase dojoine’s popularity? In any case, the popularity of cryptocurrency shows no sign of slowing down anytime soon.
But what exactly is Dodecoin and how can investors hold gyers? What is it? Dodecoin is a cryptocurrency, like bitcoin, but much less influential.
It was founded in 2013 by former Adobe and IBM software engineers, it has a market value of £12.3 billion, compared to bitcoin £850 billion.
According to CoinBase, a cryptocurrency exchange, it was created as a joke and is a reference to a popular internet meme.
Incredibly, tweets from Tesla CEO Mousk have seen its popularity in the last six months.
Dogecoin is also popular because it references a long-running internet joke, and the rise of celebrities is seen by some of its internet fans as a conversation that relates to “doimormy.”
How can I buy it? Binance and Kraken are the largest exchanges offering dojecoin trading.
