If You Invested $100 In Dogecoin When Elon Musk First Tweeted About The Meme Crypto, Here’s How Much You’d Have Today
The price of cryptocurrency Dogecoin (CRYPTO: DOGE) is hitting one-month highs this week on the heels of new connections to Tesla CEO Elon Musk, who has often been involved in volume and price increases for the meme crypto.
Here’s a look at how much Dogecoin has grown in value since Musk first mentioned the cryptocurrency.
First Tweet: Musk is the richest person in the world and also one of the most vocal supporters of the Shiba Inu-themed meme cryptocurrency. In the past, tweets by Musk about Dogecoin have led to spikes and high volatility.
On April 2, 2019, Musk replied to a tweet saying “Dogecoin might be my fav cryptocurrency.”
“It’s pretty cool,” Musk said of winning the fictional title of CEO of Dogecoin in a Twitter poll with 49% of the vote.
Musk beat out Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin, who got 9% of the vote, Litecoin (CRYPTO: LTC) creator Charlie Lee, who got 8% of the vote, and payment-processing platform Metal founder Marshall Hayner, who got 33% of the vote.
Another significant moment for Dogecoin’s entry point was on July 17, 2020, marked by Musk’s tweet about …
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