When last time Elon musk tweeted about Dogecoin it got a huge rise in its price and now Snoop Dogga also talks about DogeCoin. SO, what are really want to say and what is it about. All these you will get to know here. So, read till the end.
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What is DogeCoin Cypotocurency ?
- Dogecoin is the cryptocurrency developed by Jackson palmer and billy Markus and was released in 2013. They created if for the payment method which was meant to be for an instant, and free not like the banking. Dogecoin has the Shiba Inu dog from the “Doge” meme as its logo.
- In 2013, Dogecoin was created primarily as a bitcoin spoof joke. The decentralized cryptocurrency that can be used for payments is named after a meme image of a Shiba Inu dog that went viral in the year it was founded.
- The dogecoin was designed as a homage to bitcoin which was designed but had no purpose. As you can’t buy more dogecoin and you can easily convert it into cash.
- Musk openly said that his dogecoin’s jocular endorsements are intended as a joke, but his tweets helped lift the cryptocurrency’s image, which had previously disappeared from view before he brought attention to it.
🎶 Who let the Doge out 🎶
— Elon Musk (@elonmusk) February 7, 2021
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After Elon Musk, Snoop Dogg talks about DogeCoin!
- Dogecoin hit the new all-time high last Sunday night as many celebrities are giving attention to the cryptocurrency and as a result, it’s going high.
- Dogecoin peaked at $0.0844 on Sunday evening, before dropping back. In London on Monday morning, the cryptocurrency was up 19 percent to trade at $0.0704.
- After the tweets of Elon musk and Snoop Dogg, the dogecoin is now soaring a new all-time high all thanks to these celebrities. Elon Musk has tweeted many things about Dogecoin you can check on his Twitter page.
- On 8th Feb Elon musk tweeted a series of a tweet about the dogecoin.
- As of now, Dogecoin is 0.0795$ as its high was 0.88800.
@elonmusk pic.twitter.com/KElwKghpei
— Snoop Dogg (@SnoopDogg) February 6, 2021
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