Musk has discussed Dogecoin or other cryptocurrencies on Twitter many times, and the price of virtual currency has also risen along with his discussion.
Recently, Tesla founder and CEO Elon Musk tweeted: SpaceX rockets will be used to really send Dogecoin to the moon. This sentence caused the market value of Dogecoin to soar to 8 billion US dollars.
Musk has been a supporter of virtual currency, he repeatedly discussed the recent dog currency or other monetary encryption on Twitter, the price of virtual currency, and also discuss its rise .
In addition, Musk also stated that Tesla will accept Bitcoin payments , and the Bitcoin paid to Tesla will remain and will not be converted into legal tender. He also added: “Later this year, Bitcoin payments will be available outside the United States.”
Dogecoin was founded by IBM software engineer Billy Markus and Adobe software engineer Jackson Palmer in a joke in 2013. Because of its low price and community-friendliness, Dogecoin is active in the Reddit community all year round and is very popular.
From 2019 to early January this year, the price of Dogecoin has not exceeded $0.01 ( about 0.064 yuan ). But in February of this year, Dogecoin suddenly returned to the public eye with an astonishing increase. Musk released intensive remarks about Dogecoin, which ignited the investment enthusiasm of retail investors Spark Global Limited.
Since the beginning of this year, the price of Dogecoin, the originator of the air coin, which has been silent for a long time, has soared by 1400%