For retail investors, it’s one of the hottest crypto offerings right now. David Kimberley, analyst at Freetrade, said. Elon Musk typically tweets favorably about dogecoin. Musk has said his frequent tweets about Dogecoin are jokes. We've received your submission. One important catalyst for Dogecoin continues to be the steadfast support it receives from celebrities like Musk. I honestly don’t understand what this means, but it was more than enough to push the prices up again. Madison LeCroy wishes Alex Rodriguez and Jennifer Lopez 'the best' in split, Brad Pitt leaves medical center in a wheelchair post-dentist. As I write on Dogecoin (CCC: DOGE-USD), Musk tweeted that “SpaceX is going to put a literal Dogecoin on the literal moon.” Not because the software is not open-source and the system decentralized. Eccentric businessman Elon Musk tweets in support of DogeCoin moving its price up 68.92%. Dogecoin Finds Stability Around $0.13 As Elon Musk Tweets Fail To Give Push — Ethereum Shoots For The Stars . Elon Musk is the world’s wealthiest person. Elon capped this string of tweets by pinning the message “come for the comments, stay for the memes” to the top of his twitter feed. Schiff is of the opinion that Elon Musk, the founder of Tesla, had bought Dogecoin before investing in Bitcoin. Twitter finance chief says company might invest in bitcoin, This story has been shared 31,557 times. The coin — which started as a joke and was inspired by an internet meme — was recently trading at about 7.5 cents, up roughly 4 percent from a day earlier. Terms of Use DOGECOIN prices have hit an all-time high amid a flurry of investing from memesters spurned on by SpaceX mogul Elon Musk. Durch Klicken auf "Alle akzeptieren" stimmen Sie zu, dass Verizon Media und unsere Partner Informationen durch die Nutzung von Cookies und ähnlichen Technologien auf Ihrem Gerät speichern und/oder darauf zugreifen und Ihre personenbezogenen Daten verarbeiten, um personalisierte Werbung und Inhalte anzuzeigen, für die Messungen von Werbung und Inhalten, für Informationen zu Zielgruppen und zur Produktentwicklung. However, Elon Musk is sticking up for dogecoin and advocating for greater public access to the coin. Dogecoin, the memecoin named by Tesla TSLA billionaire Elon Musk as his 'fav' cryptocurrency, has soared over the last few days. Privacy Notice Elon Musk has said he will buy out major Dogecoin holders in order to help make the fringe cryptocurrency the “currency of the internet”.. Out of the nearly 8,400 tokens, Dogecoin, Elon Musk’s favorite joke, ranks in the top twenty, in tenth place as of Feb. 11 with a $9.51 billion market cap. What started off as a meme-inspired parody cryptocurrency has now become the center of a series of tweets in a bitcoin sound-off from Elon Musk. Looks Like Elon Musk Support Dogecoin. And this time around, it may be thanks to Elon Musk. David Kimberley, analyst at Freetrade, said. Elon Relishes Dogecoin. Musk's Tesla had used Coinbase to carry out its $1.5 billion bitcoin investment last month. Interestingly, when Musk’s car firm Tesla this week announced it had made a $1.5 billion investment in cryptocurrency, it wasn’t Dogecoin the company had bought – rather, it was Bitcoin. Elon capped this string of tweets by pinning the message “come for the comments, stay for the memes” to the top of his twitter feed. This is a huge victory for Dogecoin & Elon Musk. Thanks to his random tweets featuring Dogecoin, its value has exploded in 2021. On February 15th, Musk urged Dogecoin “whales” to sell their coins: “if major Dogecoin holders sell most of their coins, it will get my full support. Dogecoin Price Increases More Than 100% After Elon Musk Tweets. Weitere Informationen darüber, wie wir Ihre Daten nutzen, finden Sie in unserer Datenschutzerklärung und unserer Cookie-Richtlinie. All this added up to another pump which has still not ended. Dogecoin is a bitcoin rival that rose from a joke. “Bought some Dogecoin … He is an engineer, and his three companies, Tesla (NASDAQ: TSLA), SpaceX, and The Boring Company, could make him the first trillionaire in the future. Not only Dogecoin but also the value of other popular cryptocurrencies are also … When a few hands hold most of the coins, they can manipulate the market. The crypto masses were amazed when the balance sheet of Tesla owned by Elon Musk included more than a billion investment in bitcoin, as he was a dogecoin proponent. I honestly don’t understand what this means, but it was more than enough to push the prices up again. Elon Musk drove up the price of Dogecoin yet again Wednesday by claiming he bought some of the cult cryptocurrency for his infant son, X Æ A-Xii. But it doesn’t make cryptos any safer to invest in. Your Ad Choices Price Action: Dogecoin traded 3.09% lower at $0.058 at press time on Monday. investing; Joke cryptocurrency dogecoin sees price almost double after tweets from billionaire Elon Musk. DOGECOIN, a cryptocurrency essentially based on a meme, surged in price today and got a boost from Tesla CEO Elon Musk when the tech founder tweeted a gif of the dog featured in the meme. The next 12 hours after this Tweet was when Dogecoin skyrocketed and allowed it … This is a huge victory for Dogecoin & Elon Musk. In the last few days, Dogecoin — a seven-year-old cryptocurrency — sped ahead of Bitcoin in popularity. Dogecoin Records Biggest Jump in a Day, Soars Over 100 Percent After Elon Musk’s Tweet Dogecoin has received a whopping 11,853.75 percent growth in the last one year. In a twist of event, Robinhood will allow its users to deposit and withdraw Dogecoin. The GameStop mania had a part to play in this price surge but Elon Musk took it to a whole other level. Not only Dogecoin but also the value of other popular cryptocurrencies are also rising rapidly following this trend. Musk’s most recent comments about dogecoin were made via Twitter in response to a question by a Twitter user about dogecoin and Tesla’s use of … The 'meme cryptocurrency' is now valued at … One such coin which amazed the crypto masses with its 800% surge was Dogecoin. Is dogecoin a good investment? Elon Musk tweeted a shout-out to dogecoin, which renewed investors' interest in the cryptocurrency. April 14, 2021 10:24 pm. 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February 10, 2021 | 11:46am | Updated February 10, 2021 | 11:46am. Musk has said his frequent tweets about Dogecoin are jokes. Dogecoin is surging after billionaire Elon Musk and other celebrities appeared to back the cryptocurrency on Twitter.. DOGECOIN, a cryptocurrency essentially based on a meme, surged in price today and got a boost from Tesla CEO Elon Musk when the tech founder tweeted a gif of the dog featured in the meme. The cryptocurrency Dogecoin hit a record high of $0.298 Friday morning amid Tesla CEO Elon Musk's boosting of the virtual currency on social media. The meme-inspired token rallied 37% in … Sorry, your blog cannot share posts by email. “Hi Elon, I saw a report that Coinbase was used for the Tesla BTC purchase (nice entry btw) Do you think Coinbase should enable Dogecoin on their platform? Listing dogecoin on its platform would expose the meme-based token to a new class of investors. TWEET. It makes sense as they are indirectly complying with Musk’s ultimatum without making it too obvious. He frequently supports the asset which leads to a considerable surge in DOGE price. In a twist of event, Robinhood will allow its users to deposit and withdraw Dogecoin. Sitemap Tesla CEO Elon Musk may be under investigation by the U.S. Securities and Exchange Commission over tweets in which he promoted Dogecoin to cryptocurrency investors. “Bought some Dogecoin for lil X, so he can be a toddler hodler,” the billionaire Tesla CEO tweeted at 10:08 a.m., using an intentionally misspelled slang term for someone who holds cryptocurrency instead of selling. Just last month, Doge secured over 800% in a single day, after trading volume went brrr after an overnight price pump stirred the waters. Dogecoin has been green over the past one week, more thanks to its pioneer Elon Musk. It makes sense as they are indirectly complying with Musk’s ultimatum without making it too obvious. Today, it was declared that electric car company Tesla invested a sum of $1.5 billion into Bitcoin in accordance with a new policy that lets the company acquire and hold digital assets at … It’s known as the fun version of bitcoin. Thanks for contacting us. Elon Musk tweeted a shout-out to dogecoin, which renewed investors' interest in the cryptocurrency. — Elon Musk (@elonmusk) February 15, 2021. All this added up to another pump which has still not ended. Currently, following a similar trend, Elon Musk repeatedly attempted to pump the price with a series of tweet. Elon Musk lights a bullish Dogecoin fuse. 31,557, This story has been shared 12,801 times. The cryptocurrency Dogecoin hit a record high of $0.298 Friday morning amid Tesla CEO Elon Musk's boosting of the virtual currency on social media. Dogecoin is a bitcoin rival that rose from a joke. Elon Relishes Dogecoin. — Elon Musk (@elonmusk) April 1, 2021 So what does this mean for investors? The 'meme cryptocurrency' is now valued at … Elon Musk’s tweets on Thursday may also be the reason: Musk turned the already increase in prices of Dogecoin by posting a painting, captioning it – a ‘Doge Barking at the Moon.’And then the price of the cryptocurrency also jumped, well on its way ‘to the moon.’ The painting is ‘Dog Barking at the Moon’ by painting by Spanish painter and sculptor Joan Miró. Which is what Elon Musk is trying to avoid. Sie können 'Einstellungen verwalten' auswählen, um weitere Informationen zu erhalten und Ihre Auswahl zu verwalten. Klicken Sie hier, um weitere Informationen zu unseren Partnern zu erhalten. License. Dogecoin Records Biggest Jump in a Day, Soars Over 100 Percent After Elon Musk’s Tweet Dogecoin has received a whopping 11,853.75 percent growth in the last one year. The SpaceX founder has said that his Dogecoin posts are meant to be jokes. Schiff is of the opinion that Elon Musk, the founder of Tesla, had bought Dogecoin before investing in Bitcoin. Robinhood slammed over crypto outage during Dogecoin surge, Company that owns just one NJ deli soars to $100M value on stock market, FedEx to rethink ban on cellphones after shooting: report, Karli Kloss announces baby name after it’s leaked by an Israeli yeshiva, Sherri Shepherd reveals 20-pound weight loss in sexy dress, John Stamos on getting cast on Disney’s ‘Big Shot’: ‘My heart just sunk’, © 2021 NYP Holdings, Inc. All Rights Reserved, Who let the doge out: Dogecoin doubles record rally price, Dogecoin price soars to record high amid latest crypto frenzy, Elon Musk’s statement on Tesla production raises questions, This monkey business has gone too far: Primate plays ‘mind Pong’ with Elon Musk’s tech, whose mother is the electronic musician Grimes, Musk’s tweets have caused Dogecoin to spike, Want to read Reuters? Tesla CEO Elon Musk may be under investigation by the U.S. Securities and Exchange Commission over tweets in which he promoted Dogecoin to cryptocurrency investors. Elon Musk has said he will buy out major Dogecoin holders in order to help make the fringe cryptocurrency the “currency of the internet”.. Dogecoin Ranking Source: Investing.com Sie können Ihre Auswahl jederzeit ändern, indem Sie Ihre Datenschutzeinstellungen aufrufen. SHARE. 12,801, This story has been shared 4,021 times. Dogecoin (DOGE) was trading at around the 13 cent mark at press time on Wednesday night after a day of frothy price movements. Too much concentration is the only real issue imo.” So far, it seems that no one has taken Musk up on the offer. But because of the Dogecoin whales. He is an engineer, and his three companies, Tesla (NASDAQ: TSLA), SpaceX, and The Boring Company, could make him the first trillionaire in the future.