Videos showing Tesla CEO Elon Musk shouting “Daddy Doge” before getting in his car pumped 996.6% of the value of a new meme token.

Daddy Doge Price Table | Source: Coinecko

There was a lot of action from dog meme tokens this month thanks to famous influencer votes.

Price rose sharply after the scream

Earlier this week, after appearing in court on a case involving Tesla’s $ 2.6 billion acquisition of SolarCity, someone in the crowd asked Musk about his first impressions of the trial:

“Elon, how was the first day?”

“Daddy Doge,” Musk replied to his enthusiastic fan as he got into his car and it seemed that that simple statement was enough to raise the price of this meme token.

Elon leaves the court after hours of testimony pic.twitter.com/FMUmCRrkPP

– Tina Davis (@tina_davis) July 13, 2021

Inspired by the Dogecoin (DOGE) meme token and building on its popularity with the infamous influencer, Daddy Doge (DADDYDOGE) is one of the newer follow-up tokens chasing profits from price spikes.

Meanwhile, another video has a similar scene and Musk shouts “Daddy Doge to Mars!” (Daddy Doge to Mars) started circulating on Twitter.

“Daddy Doge to Mars” thank you @elonmusk!#PapaDog pic.twitter.com/CQHdYKUDpI

– PapaDOGE (@DaddyDOGEtoken) July 14, 2021

World of carnivores each other

The Doge family’s newest token meme runs on Binance Smart Chain (BSC) and is trending this week according to Musk’s ad.

According to CoinGecko, the token traded sideways and at low volume ahead of Musk’s reputation.

Although the “DOGE family wage earner” is down 20% this week, Daddy Doge’s price is up 996.6%.

Daddy Doge levies a 9% tax on transactions, of which 3% is paid to token holders, 3% to its liquidity pool on PancakeSwap and 3% to marketing wallets.

Billy Markus, who developed Dogecoin together with Jackson Palmer in 2013 speak on Twitter that there aren’t enough new coins to support all of the new tokens that are “created every minute” on Binance Smart Chain and the Ethereum ecosystem.

The crypto room really turned into a cannibalized world in July when the hacker group Anonymous launched their own dog meme token, ANON INU, “to fight Musk and China”.

At home at home

According to Cryptoslate

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