Elon Musk Sends Dogecoin (Up 54%) To Moon: “No highs, no lows, only Doge”

Last Updated on 4 February 2021 by CryptoTips.eu


Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]

Elon Musk, who informed interviewers a few months ago that he now had to get approval for any tweets he sends from his lawyers given his newly acquired status as world’s richest man, told his 40 or so million followers two days ago he would be “off twitter for a while”.

The news came after he single-handedly sent Bitcoin up 10% at a certain point this weekend by changing his Twitter bio (he has now taken it off again) and then launched a massive Dogecoin rally when he sent a meme featuring the word Dogue, a pretty clear reference.

Mr Musk, who saw one of his Space-X rockets crash yesterday, did not manage to keep his promise to stay off Twitter very long. He has gone on a tweet storm in the past hour or so, sending several messages with regards to Dogecoin, the small altcoin that is one of the most popular coins.

The Lion King

The uncrowned Master of Memes included a meme of himself holding up a small baby Doge, where his head replaced a character from the Lion King and the dog from Doge replaced Simba.

Furthermore, the Tesla CEO said that “Dogecoin is the people’s crypto” and that there are: “No highs, no lows, only Doge”.

It is unsure as to how his attorneys will react to his latest tweetstorm and whether this will get him into trouble, but it sure is fun. In response, Doge is rallying some 54% and has now gained more than 570% in a week. the Dogearmy has retweeted Musk’s messages like crazy and will probably continue do so all day.