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Dogecoin Token has Risen in Price by 47% after Elon Musk Tweet – Bitxmi News

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Dogecoin Token has Risen in Price by 47% after Elon Musk Tweet

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Dogecoin Token has Risen in Price by 47% after Elon Musk Tweet

Dogecoin token

The head of Tesla and SpaceX posted a photo of a flying rocket on his Twitter account and added the caption “Doge”. After that, altcoin quotes also “skyrocketed” – in 45 minutes they grew 1.5 times

On the morning of February 4, the cost of the token increased by 47% in 45 minutes, to a local peak of $ 0.059. This happened after Elon Musk posted a photo of a flying Falcon 9 rocket on his Twitter account and added the caption “Doge”. At the same time, the billionaire removed the hashtag “bitcoin” from his profile description.

Last week, Musk posted a post: “Looking back [we realize] this was inevitable,” and added the hashtag of the first cryptocurrency to his account profile. Immediately after that, it began to rise in price and within half an hour grew by more than 15%. (Read here)

Around the same time, the Dogecoin token showed multiple growths, however, thanks not to Musk, but to Reddit traders. Then, within a day, its quotes increased by more than 1000%.

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