Elon Musk’s anniversary tweet boosts the price of DOGE by more than 110 percent

Last year, Elon retweeted the DOGE message.
In the last 24 hours, the price of DOGE has continued to rise.
Dogecoin continues to be ranked first in CoinGecko.

After a long period of silence, Dogecoin (DOGE) is once again on fire. Because of Elon Musk’s remark, DOGE has been moving in a very aggressive manner. The post is about Elon Musk, Gene Simmons, and Snoop Dogg rearing a dog — Dogecoin — in a photoshopped rendition of The Lion King. Elon Musk’s recent tweet was first published on Twitter on February 7, 2021. Indeed, it’s been a fantastic Twitter anniversary.

The tweet elicited a wide range of reactions from the Twitter community, with the majority of them being positive. It has around 90,000 retweets and over 700,000 likes, with the number of likes steadily increasing over time. As a result, the DOGE army is more awake and on fire than ever before.

In terms of market situation, the price of DOGE has increased by 110 percent in the last year. DOGE has a market valuation of over $22 billion and a trading volume of over $1.4 billion in the last 24 hours. The coin became one of CoinGecko’s top fifteen cryptos due to its strong market performance.

Aside from the tweet, Elon also announced that DOGE will be accepted as a form of payment for some of Tesla’s items. The DOGE community was enthralled by the news. As a result, the value of DOGE skyrocketed.

Meanwhile, Elon became known as the DOGE father as a result of his unwavering support for DOGE in both good and terrible times. DOGE is now trading at a high price of $0.16 per crypto at the time of writing.


Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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