March 28, 2024

Elon Musk Pumps DogeCoin Again

Elon Musk Pumps DogeCoin Again

Billionaire Elon Musk's hint that DogeCoin (DOGE) will become the new standard in the global financial system,pumped up the price of the meme coin by 20%.

Elon Musk's allusion to the inevitability of the globalDogeCoin's financial dominance definitely influenced the price of DOGE. Following the tweet, DOGE hit $ 0.0037 on Binance, a 23% increase in value in less than 24 hours.

Elon Musk Pumps DogeCoin Again

Musk's love of memes went so far that he declared that "whoever controls the memes controls the universe." 

Elon Musk Pumps DogeCoin Again

And in response to a question about hacking his Twitter account, he noted: 

"Sorry, I only sell Doge!"

Due to his sympathy for DogeCoin, Elon Musk wasunofficially appointed CEO of the DogeCoin (DOGE) project back in April 2019. This was after a survey was conducted and 49% of respondents preferred the founder of Tesla and Space X to a host of other notable personalities such as Vitalik Buterin and Charlie Lee.

This is the second case of a DogeCoin pump in recent years. The coin jumped 50% thanks to a TikTok video earlier this month.

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