- At press time, Dogecoin (DOGE) was buying and selling at $0.07018 up 3.13% up to now 24 hours.
- Elon Musk talked about “doges” in a tweet right now.
- In addition to Dogecoin, Musk’s tweet additionally despatched Shiba Inu to a each day excessive of $0.00000784.
Well-known dog-themed coin Dogecoin (DOGE) hit a each day excessive of $0.07121 right now after Elon Musk talked about “Doge” in certainly one of his tweets right now.
Musk’s put up despatched DOGE worth hovering from $0.069 to $0.07121 inside seconds earlier than rapidly giving up among the beneficial properties afterwards.
Doges ftw pic.twitter.com/bl0trQ7BdU
— Elon Musk (@elonmusk) July 19, 2023
Elon Musk’s story with meme cash
Aside from Dogecoin, Elon’s tweet additionally boosted the worth of Shiba Inu (SHIB).
This isn’t the primary time crypto markets have reacted to Elon Musk’s tweets. The markets have a protracted historical past of responding rapidly to Elon Musk’s public feedback on cryptocurrencies typically and Dogecoin specifically.
When Musk unveiled an AI-focused enterprise final week to compete with well-known chatbot ChatGPT, it despatched AI-related tokens skyrocketing.
Given his specific curiosity in DOGE, there may be hypothesis within the cryptocurrency group that Musk may very well be a serious holder of DOGE. Musk’s curiosity in DOGE was highlighted when he appeared on “Saturday Night time Reside” in Could 2021, and devoted time to the coin meme, driving its worth to its all-time excessive of 73 cents.
As we speak’s tweet mentioning Doge got here forward of Tesla’s second quarter earnings report (TSLA) due out later Wednesday afternoon.
