Elon Musk mentioned the parody cryptocurrency Dogecoin on his Twitter account last week. After that, its value increased by 20%.
The head of Tesla also updated his description on Twitter. Now it says “Former CEO of Dogecoin.” And Musco called bitcoin “as pure as paper money.” This is due to the record growth of bitcoin in recent times – last week the cryptocurrency exceeded the rate of 24,000 dollars.
Masks are not mentioned for the first time on Twitter Dogecoin. After Elon mentioned Dogecoin in July, the value of the cryptocurrency rose by 14%.