After being named “Person of the Year” by Time magazine, billionaire businessman Elon Musk, who became the focus of the discussions, added a new one to his usual moves. Musk, who has not said anything important about the crypto money market for a long time, came to the Dogecoin market like a drug with his latest statement. The cryptocurrency, which has been in a horizontal period for a long time, has appreciated by around 30 percent after Elon Musk’s last statement.
Elon Musk’s fascination with Dogecoin is well-known. It is also thought that Musk is a Dogecoin whale. In his last statement, Musk, who spent Tesla and Dogecoin in the same sentence, blew up the cryptocurrency, which did not serve any purpose when it was founded, within minutes. Dogecoin, which was traded at $ 0.15 before the announcement, has risen to $ 0.21 at 14:50.
Here is the 24-hour price chart of Dogecoin
Data taken from Coinmarketcap.
In the statements made by Elon Musk, it was stated that Tesla will sell some products with Dogecoin and how this process will proceed. This statement was enough for Dogecoin to skyrocket. In addition to more than 100 thousand likes, the sharing that received tens of thousands of interactions made the Dogecoin investor smile. Musk’s post on Twitter was as follows:
To be frank, the cryptocurrency markets are not having a good day. Bitcoin, which we describe as the king of the market, has lost around 2.5 percent in the last 24 hours. Other cryptocurrencies following Bitcoin are also losing blood. While the markets were in this state, Dogecoin, which took flight with the sharing of Elon Musk, made history as the only altcoin that entered an upward trend among the 10 cryptocurrencies with the largest market volume. . .
This content is not investment advice.
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