Elon Musk boosts Dogecoin by 76% with a rocket tweet

Elon Musk boosts Dogecoin by 76% with a rocket tweet
фото показано с : cryptoslate.com

2021-2-4 16:43

Tesla CEO Elon Musk has just boosted “meme crypto” Dogecoin (DOGE) in the stratosphere by just tweeting a photograph of a rocket taking off and adding a single word to it: “Doge.”

In just one hour, the price of DOGE surged by up to 75.6% and reached around $0.056. The coin’s 24-hour trading volume has also exceeded $7 billion while its market capitalization currently amounts to $6.4 billion.

Doge

— Elon Musk (@elonmusk) February 4, 2021

After witnessing what he did—again—Musk has burst into a series of meme-tweets, starting with “ur welcome.”

ur welcome pic.twitter.com/e2KF57KLxb

— Elon Musk (@elonmusk) February 4, 2021

Subsequently, Tesla CEO also stated—in quick succession—that “No need to be a gigachad to own,” “Dogecoin is the people’s crypto,” “No highs, no lows, only Doge,” and “Low-key Loki.” For the record, Musk did not clarify whether he was actually trolling his 45.1 million followers or not.

Meanwhile, shortly after the Musk-propelled Dogecoin rocket gained a lot of momentum, CoinGecko reported that its platform is “over capacity,” perhaps due to a sudden influx of DOGE persons and space-loving users.

CoinGecko is “over capacity.” Source: CoinGecko

As CryptoSlate reported, DOGE became the next target—after GameStop’s stock (GME)—of a movement sparked by Reddit group WallStreetBets (WSB). Initially, anonymous retail traders banded together to pump GME—an asset that was heavily shorted by big Wall Street hedge funds.

GME shorting means that institutional traders were profiting off of the stock’s price going down. When the WSB army boosted GME by over 1,500% in just one month, hedge funds such as Melvin Capital suffered huge losses. And that is exactly what WSB’s plan was.

Next time, we try pull *up* method pic.twitter.com/J1M7WHLRDR

— Elon Musk (@elonmusk) February 4, 2021

Just a week ago, DOGE already surged by 800% and entered the top 10 cryptocurrencies as WallStreetBets turned its sights to crypto. After Musk’s tweet today, the coin quickly jumped from 14th to 12th place already.

For more information, explore all meme coins on CryptoSlate.

The post Elon Musk boosts Dogecoin by 76% with a rocket tweet appeared first on CryptoSlate.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Dogecoin (DOGE) на Currencies.ru

$ 0.1623 (-0.77%)
Объем 24H $1.432b
Изменеия 24h: -4.32 %, 7d: -3.30 %
Cегодня L: $0.1623 - H: $0.1691
Капитализация $23.443b Rank 8
Цена в час новости $ 0.0463115 (250.45%)

doge elon dogecoin musk rocket word single

Источник: cryptoslate.com

doge elon → Результатов: 35


Фото:

Elon Musk causes another Dogecoin pump: Should you buy DOGE?

Dogecoin (DOGE) has experienced yet another price surge as the CEO of Tesla and SpaceX, Elon Musk, posted a tweet praising the cryptocurrency. Should you buy DOGE right now, wait a bit, or skip on it entirely? Fundamental analysis: just another Dogecoin hype pump (and dump) Meme-based cryptocurrency Dogecoin had quite a wild price movement […] The post Elon Musk causes another Dogecoin pump: Should you buy DOGE? appeared first on Invezz.

2021-2-4 18:39


Фото:

Илон Маск снова твитнул о Dogecoin. Монета выросла в цене почти на 50%

Криптовалюта Dogecoin прибавила в цене почти 50% менее чем за час после публикации серии твитов Илона Маска. Doge — Elon Musk (@elonmusk) February 4, 2021 Спустя полчаса после первого твита глава SpaceX и Tesla запостил картинку, на которой держит в руках символ монеты, с подписью "добро пожаловать": ur welcome pic.

2021-2-4 11:48


Фото:

Elon Musk ‘Resigns’ as Dogecoin CEO After Price Soars 30%

Dogecoin has become the unexpected new champion of the sudden cryptocurrency bull market which gripped the industry this week – thanks to Elon Musk. Musk Pets ‘Pretty Cool’ DOGE In a series of surprising yet distinctly familiar tweets, Musk, who has hinted at his alleged fondness of Dogecoin, said the meme-based cryptocurrency was his “favorite” and described it as “pretty cool.

2019-4-4 23:00


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Buy Dogecoin Now? Analyst Believes DOGE Is Primed For A Surge

In an analysis shared via X, crypto analyst Ali Martinez elaborated on the ongoing price correction of Dogecoin (DOGE), positing that it is a consistent precursor to major bull runs, drawing on historical patterns to forecast future price movements.

Dogecoin To $1: Analyst Thinks Dream Milestone Could Be Hit In Coming Weeks

An analyst has explained how a pattern forming in the Dogecoin price may suggest a rally to $1, if historical trend repeats this time as well. Dogecoin 1-Week Price Appears To Be Forming A Classic Pattern In a new post on X, analyst Ali has discussed how DOGE seems to have been showing a classic pattern in its weekly price once again.

Dogecoin Whales Moving Around Massive Amounts: What Are They Up To?

On-chain data shows that the Dogecoin whales have recently made massive moves. Here’s where these moves have been heading. Dogecoin Network Has Witnessed Some Large Moves Recently According to data from the cryptocurrency transaction tracker service Whale Alert, some large DOGE moves have been spotted on the blockchain within the past few days. The moves […]

Dogecoin Whale Takes $52.3 Million In DOGE Off Binance, Sign Of Buying?

On-chain data shows a Dogecoin whale made a large withdrawal from Binance today, which may be bullish for the memecoin’s price. A Large Amount Of Dogecoin Has Left The Binance Platform In The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a large transfer has been spotted on the Dogecoin blockchain during the past day.

Traders Not Showing Dogecoin FOMO, Good Sign For Rally?

On-chain data suggests traders haven’t been showing FOMO towards Dogecoin despite the latest rally, a sign that could be positive for its continuation. Dogecoin Total Amount Of Holders Has Remained Flat Recently According to data from the on-chain analytics firm Santiment, FOMO, which would normally be associated with tops, has been absent from the Dogecoin market recently.