According to the latest numbers on CoinDesk, the digital currency with the face of a “Shiba Inu” dog as its logo, rallied 160.6 percent in the last 24 hours and last traded at $0.35 (roughly Rs. 26). And one can’t deny that Musk’s frequent tweets about Dogecoin keep adding to the digital currency’s mania.
On Friday morning, Musk tweeted a photograph of artwork by Joan Miro, a Spanish painter and sculptor. And the billionaire captioned it, “Doge barking at the moon.”
On Friday night, following the massive boost Dogecoin received throughout the day, the Tesla CEO was at it again. This time, though, he replied to one of his tweets from July 18, 2020. The original tweet is a meme showing a massive dust storm having a “Shiba Inu” dog face ready to envelop the world, which he mentioned as a global financial system.
Responding to this tweet, Musk merely shared an emoji of eyes, trying to tell the world that he stood vindicated following Dogecoin’s massive gains.
Users on Twitter started reacting to the latest tweet by the tech billionaire and some even lauded him for getting his predictions right.
“So either 1) you have a time machine or 2) you’re the greatest memer of all time. Or both!” wrote a user.
Another one shared a meme of his own, showing the battle between various global currencies that ended in Dogecoin’s victory.
Here are some more reactions:
Musk has long been an ardent supporter of cryptocurrencies. In January this year, Tesla invested a mammoth $1.5 billion (roughly Rs. 11,181 crores) in Bitcoin, the world’s largest virtual currency, which closed at $61,822.06 (roughly Rs. 46.08 lakh) on Friday night.
Speaking of how big a fan he appears to be of Dogecoin, Musk had once changed his Twitter bio to “Former CEO of Dogecoin”. Besides him, other celebrities such as rapper Snoop Dogg and rock musician Gene Simmons have also promoted the cryptocurrency on social media.