Elon Musk, Tesla CEO removed bitcoin of his biography on Twitter, which he added last week.
Musk then posted a series of Dogecoin-related tweets, again. Musk tweeted, ‘Doge’ and, minutes later, he I wrote: “Dogecoin is the cryptography of the people.”
“No ups, no downs, just Doge,” he wrote in a separate tweet.
Musk’s support led to a 37% increase in Dogecoin’s price in just a few minutes. The currency is currently trading for around $ 0.05, according to TradingView.
Musk, the richest man in the world, has tweeted Dogecoin several times. Earlier this week, he said he “occasionally” makes “Dogecoin jokes”.
“Actually, they are meant to be just jokes, but you know Dogecoin was made as a joke to mock cryptocurrencies, obviously, but fate loves irony and often as a friend of mine says the most ironic result or I would say the most fun result and the most ironic result would be that Dogecoin will become the currency of the earth in the future, “he said at the time.
Meanwhile, for bitcoin, he said at the time: “I think bitcoin is really about to get wide acceptance by mainstream finance people.”
Bitcoin is currently trading down about 1% at around $ 37,400, according to TradingView.
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