These days cryptocurrency has become so popular that MasterCard has started transactions via cryptocurrency. Recently, Tesla a well-known Electric car manufacturing company has bought $1.5 Billion Bitcoins, and soon it will start receiving payments via Bitcoins.
In a recent time, we have seen a meme-based cryptocurrency is growing a lot. People have started investing in meme-based cryptocurrency. The currency is named Dogecoin. All these have started right after Elon Musk’s Tweet.
A few days back, Elon Musk tweeted just “Doge” from his official Twitter account. Right after that, people started purchasing DogeCoins. Till now, no one was knowing about that he was talking about Dogecoins or anything else.
On the same day, Musk again tweeted about Dogecoins and said “Dogecoin is the people’s Crypto”. Right after this tweet, cryptocurrency Dogecoin prices started booming by 50%.
On 6th February, he ran a poll on Twitter to predict the future currency of Earth, and 71% of users have selected Dogecoin over other cryptocurrencies.
Soon, after a week, the prices of Dogecoin has been reduced. Now, all the investors are worried about their investment in Dogecoin.
But, in a recent tweet, Elon Musk has come in support of all the investors of the Dogecoins.
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Currently, Dogecoin is worth $0.064, but in peak time, it went highest up to $0.084945. The price of Dogecoin is fluctuating a lot, so if you want to take a risk and make money from it, you will have to stay updated with its, price. For that, if you want to know more about cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and others then you can check out the finance news apps. These apps will help you to stay updated with all the up and downs of cryptocurrency rates.
Source Link: https://scalar.usc.edu/works/interest/elon-musk-will-support-all-dogecoin-holders-to-sell-their-coins
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