What a world we live in. The meme-inspired cryptocurrency, DogeCoin, has actually become a real thing, more so after a nod of approval from Elon Musk.
No really! The value of DogeCoin--with the image of a Shiba Inu dog as its logo--has gone up, and it has become a hot commodity in 2021 just because Tesla CEO is a fan and tweets about it quite regularly.
Also read:?Elon Musk And SpaceX Launching Dogecoin Funded Moon Mission In 2022
On Thursday, Musk tweeted "How Much Is The Dog In The Window?" in reference to singer Patti Page's iconic 1950s song "How Much Is The Doggie In The Window?" With the tweet, he also attached a picture with the word "cyberviking" in neon lights.?
It wasn't just the tweet that for the attention, Dogecoin's value also shot up to its highest-ever: to 7.5 cents, just 30 cents away from a whole dollar.
Moreover, Elon Musk's eccentric tweet has Twitter buzzing and people are wondering how much can the value of DogeCoin increase.?
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?It was noted that before the famous tweet, the price of DogeCoin was at 0.3667. But right after the tweet, the price shot upto 0.401377. This marked a 22% rise in 24 hours time.?
Musk on several occasion has mentioned how cryptocurrency is the future and how it can become the future currency of the world.?
Also read:?Before Elon Musk Was The World's Richest Man, He Interned At A Bank In The Early '90s