Elon Musk “Welcome” to 50% increase in Dogecoin

Tanzeel Akhtar

Source = Elon Musk Twitter
Source = Elon Musk Twitter

Tesla and SpaceX CEO Elon Musk tweeted about “Welcome” when DOGE rose 50%.

On the 4th (local time), Elon Musk parodyed the first scene of the cartoon movie’The Lion King’ TwitterRaised. Baby Simba has a Shiba Inu character representing Doji Coin, and Rafiki has her own face.

He then referred to Doji Coin as “everyone’s cryptocurrency” and “only’Doji’ with no other options.” Doji Coin was born in 2013 as a cryptocurrency that uses the Internet memes (content popular on the Internet) Shiba Inu as its logo. It is ranked 12th in the market cap based on the coin market cap on the 5th.

He declared that he would leave Twitter for a while, two days ago. However, this morning, it appeared on Twitter again in the news of the rise of Dogecoin.

This is not the first time Elon Musk has mentioned Dogecoin. On the 29th of last month, Elon Musk parodyed the fashion magazine’Vogue’.Dog (DOGUE)Posted’. In the morning of the same day, the rate of increase of Dogecoin exceeded 800%.

On the 2nd, in a podcast broadcast on the voice application Clubhouse, “It was made for fun, but if (Doji Coin) becomes the future currency, that is the most interesting and ironic result.”

Translation: Jihyun Ham/Coindesk Korea

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