The name that the crypto community has been talking about the most recently is undoubtedly Elon Musk. It is known by everyone that the billionaire businessman is a big cryptocurrency investor. Musk, who has made large investments especially for the altcoin called Dogecoin, manages to turn the market upside down with the statements he makes from time to time. Just like what happened in the past hours. . .
Investors in Turkey also love Dogecoin. The reason for this is that the price of the cryptocurrency, which was established as a joke, is affordable and the profit is high. In this way, investors are capturing large profit margins from small price increases. Making some posts on Twitter yesterday evening, Musk once again made all Dogecoin investors happy. Because this cryptocurrency skyrocketed with the statements made.
Dogecoin saw over 27 cents in line with the statements
Dogecoin had been accumulating around 23 cents for a while. However, the sharing of Elon Musk increased this cryptocurrency to over 27 cents in minutes. Thus, investors had the opportunity to capture a profit of around 20 percent at that time of rise. The cryptocurrency, which was traded around 25 cents as of 14:15, has gained around 9 percent in the last twenty-four hours. So what did Elon Musk say about Dogecoin again?
Dogecoin’s fuse was ignited by the answer to the creator of the cryptocurrency
Shibetoshi Nakamoto, one of the two names who helped launch Dogecoin, used the expressions “Keep making Dogecoin absurd” in a post he made on Twitter recently. Replying to this post, Musk created an interaction using the tongue-out emoji. Both posts received thousands of likes and comments.