Is that a bird, or something else? Is that a plane, or something else? It’s Dogecoin [DOGE], our friendly crypto neighborhood dog. During one occasion, the original meme crypto was seen floating in the sky.
Tesla organized a ‘Cyber Rodeo’ event at Gigafactory Texas in Austin earlier today. Elon Musk elevated his enthusiasm for the canine-themed cryptocurrency to new heights. Musk used drones to make a big Dogecoin in the sky during the ceremony.
The Tesla CEO has been extremely bullish on DOGE. As Musk was addressing the crowd, an individual went on to scream “To the moon.” Musk reciprocated by saying “to the moon indeed.”
Following this, Dogecoin took off. The altcoin was up by nearly 5 percent over the last couple of hours. During press time, the dog-themed cryptocurrency with trading for $0.1509. The entire week was positive for DOGE as it pocketed gains up to 11.49 percent.
After being overshadowed by Shiba Inu’s popularity DOGE was back to attaining its throne. Despite being the OG meme crypto, DOGE was sidelined with the onset of the 2021 meme coin revolution. Now, with Elon Musk amassing control over Twitter, the community is expecting DOGE to veer under the spotlight.
The addition of Dogecoin into the Twitter tipping jar feature is highly sought after. While Twitter hasn’t been responding to the community’s requests for onboarding the meme coin, Musk’s latest acquisition could change this narrative. In a recent tweet, the co-founder of the coin, Billy Markus pointed out the reasons why Twitter should include DOGE.
Being the social media platform’s top stakeholder and a board member has its own set of advantages. As a result, the community assumed Musk would be working on a number of Dogecoin-related projects in space.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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