'How Much Is The Doge In The Window': Value Of Dogecoin Jumps By 22% Thanks To Elon Musk's Tweet
After Elon Musk's latest tweet about DogeCoin, the value of the meme coin shot upto 0.401377 from 0.3667 in 24 hours time.
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.
Reuters
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.
How much is that Doge in the window? pic.twitter.com/bxTkWOr50V
¡ª Elon Musk (@elonmusk) May 20, 2021
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.
@elonmusk ?, In window Doge ? is looking good. Doge family is waiting to watch, if you give green signal to Doge it will be Super Awesome , Doge will reach to the ? ? Moon ?
¡ª Shiva (@Shiva94034116) May 20, 2021
Hey Elon I have now doge ? ready to take off with you. 1$ $doge pic.twitter.com/aq1A0D0JIC
¡ª Mr.Lee (@ban7dai) May 20, 2021
Ah the Elon musk affect pic.twitter.com/RGwMott7Zl
¡ª Pif (@pifinity) May 20, 2021
Its Inevitable#DogecoinRise pic.twitter.com/xobN3kElb8
¡ª Z()haK (@uzohak) May 20, 2021
It has to be doge. Wayyyyyy too many crypto ponzi schemes now. Doge has been chosen by the people for the people. Elon can add some real substance to it and make it a viable commodity. Most substance I've seen out of any of them yet.
¡ª Michael Cahill (@Michael75316304) May 21, 2021
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
Building, coordinating and crafting engaging content for lifestyle brand 'Evolve' at Indiatimes. Successfully revamping the lifestyle section including topics such as mental health, relationships, self, skin care, music etc. I collaborate with experts from various fields to gather insights and create well-structured pieces.
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