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Is Dogecoin Really a Valid Currency? Elon Musk Asks Bitcoin Twitter

Is Dogecoin Really a Valid Currency? Elon Musk Asks Bitcoin Twitter

Elon Musk has trolled the Bitcoin and wider crypto group as soon as once more: The Tesla and SpaceX chief govt simply talked about Dogecoin (DOGE) for the second day in a row on July 18th. 

Elon Musk Mentions Dogecoin… Again

Minutes in the past as of this text’s writing, Musk despatched out the tweet seen under. Attaching an image of himself in a pensive temper, the outstanding entrepreneur jokingly requested: “Is Dogecoin actually a sound type of forex?”

Despite it being posted simply minutes in the past, the tweet has already racked up a whole lot of feedback and 1000’s of likes and retweets from these in and outdoors of the crypto group.

Is Dogecoin actually a sound type of forex? pic.twitter.com/JgpSSJdUYK

— Elon Musk (@elonmusk) July 19, 2020

This tweet is in response to a meme he shared yesterday, on July 17th, which exhibits a sandstorm engulfing a metropolis.

The sandstorm was captioned “Dogecoin commonplace” whereas town was captioned the “international monetary system.” While it was clearly a joke, many within the Bitcoin group took this as an indication that Musk could also be extra educated in regards to the main cryptocurrency than he lets on.

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What’s attention-grabbing about this newest tweet is that it was despatched at nearly the very same time within the day that the final one was despatched.

Musk’s newest try to rile up the Dogecoin group comes shortly after the meme cryptocurrency went viral.

Following a TikTok selling the cryptocurrency that was common on the video-sharing app, Dogecoin was talked about by Jake Paul, Keemstar, Bloomberg, and others with outstanding followings on-line.

The Elon Effect 

Musk’s unique tweet on Dogecoin truly had an impact on the worth of the altcoin.

As the under chart from TradingView.com signifies, DOGE rallied by slightly below 20% within the hour after the meme Musk shared.

This current tweet could have an identical impact because the asset has gained just a few p.c previously 10 minutes.

Is Dogecoin Really a Valid Currency Elon Musk Asks Bitcoin

Chart from TradingView.com of Dogecoin’s worth
Featured Image from Shutterstock
Price tags: xbtusd,
Charts from TradingView.com
Is Dogecoin Really a Valid Currency? Elon Musk Trolls Bitcoin Twitter Again

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