The tweets of famous entrepreneur Elon Musk can cause great movements in the crypto money markets from time to time. Finally, Musk, who shared a post about “Baby Doge”, caused serious fluctuations in the value of this crypto currency.
Tesla CEO shared several twitter posts about Dogecoin in the morning. Due to one of these posts, the value of the cryptocurrency called Baby Doge Coin (BABYDOGE) increased 100 percent in one day.
Tweeted with baby song
Tweeting by changing the lyrics of the song Baby Shark, which is especially favorite of babies and young children, Elon Musk said, “Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge”.
After these words, the token, traded under the name BABYDOGE, began to rise like a rocket. The price increase of Baby Doge Coin has seen 100%. The price of the cryptocurrency traded on the BSC network reached $0.0000000002026.
According to the information in Coinecko, the maximum supply of BABYDOGE is 420, 000, 000, 000, 000, 000, but it is not easy to get this cryptocurrency, the exchanges where it is traded are very limited.
Elon Musk mentioned altcoin 3 times
Baby Doge Coin was not the only cryptocurrency Elon Musk mentioned in his posts. Musk also shared a post about his favorite cryptocurrency, Dogecoin. This post contained a joke about the Dogecoin code. This post also raised the doge price.
Musk previously said that Tesla’s supercomputer cannot be used for DOGE mining. This situation created a disappointment in the community. On the other hand, some commentators state that it is also a matter of curiosity how Musk will explain the “Dojo 4 Doge” (Dojo for Doge) tweet.
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