Elon Musk tweeted about Dogecoin. 20% shot

He Tesla (TSLA) The CEO tweeted some Bitcoin jokes on Sunday, including the call to Bitcoin BS. He shouted Dogecoin in a tweet that said, “One word: Doge.”
He tweet sent Dogecoin shares nearly 20% and included him on Twitter’s list of trending topics. The tech billionaire even went so far as to update his Twitter biography titled “Former CEO of Dogecoin.”
Musk’s Twitter teasing comes as the dominant cryptocurrency rose to all-time highs during the coronavirus pandemic. Last week, Bitcoin soared above $ 20,000, surpassing $ 24,000, as the currency grew in popularity among investors.

This isn’t the first time Musk has tweeted about Dogecoin, the descendant of Bitcoin. ‘

The SpaceX CEO mentioned digital currency in July when he tweeted “It’s inevitable” with an image representing the dogecoin standard surrounding the global financial system. The tweet sent 14% shares at the time.

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ogecoin was created in 2014 as a parody of a popular internet “doge” meme, involving an image of a Shiba Inu dog. Although virtual currency started as a joke, it currently has a market value of about $ 570 million.

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