While the crypto money market is crying blood, Dogecoin (DOGE) Elon Musk seems to be the reason why the price has increased by 5.5 percent.
1 Dollar Implied DOGE Sharing from Musk
The decline in the cryptocurrency market, especially Bitcoin (BTC) Elon Musk, known to be triggered by his statements, now shared a post that implies that DOGE will increase to $ 1. In his last post on Twitter, Musk published a $ 1 bill with a Shiba Inu dog on it. The image in the tweet is known to belong to the Cyber Viking book series.
In the related book series, it is about Eric Yang, a soldier, saving the world from the attack of aliens. On the other hand, Musk, in addition to his previous statement about DOGE, “crypto money of the people”, emphasized that he sees it as a currency that will save humanity and in fact made a claim that fits the subject of the book.
How much is that Doge in the window? pic.twitter.com/bxTkWOr50V
– Elon Musk (@elonmusk) May 20, 2021
Although the DOGE price has gained 5 percent in the last 24 hours with this news, this rate is still about 50 percent behind the peak of $ 0.71. Criticizing Bitcoin’s energy consumption and stating that DOGE will change this, Musk triggered a major collapse.
Although Musk stated that Tesla did not sell DOGE in the sharp decline yesterday, he gained a serious criticism due to his statements. Musk’s loss of former reputation in the cryptocurrency industry led to the uglier situation and claims that Tesla could sell BTC. Despite all this, Musk continues his love for DOGE.
* Not Investment Advice.