Dogecoin Price Takes Flight With Elon Musk Tweet


Tesla and SpaceX CEO Elon Musk posted another tweet about Dogecoin (DOGE) on the morning of February 4th. DOGE price rose more than 60 percent within 24 hours. Elon Musk, who has made various posts about Dogecoin (DOGE) since 2020, added a new one to them. Elon Musk, who shared an image of a rocket on his Twitter account, added a one-word comment under it: “Doge.”

Dogecoin started to gain value with this post made by Elon Musk. According to CoinGecko data, DOGE has gained more than 60 percent in the 24-hour period. 18 percent of this was recorded in a 20-minute time frame. DOGE price rose above $ 0.50 an hour. Investors on platforms like Reddit and Twitter are wondering if it will go up to $ 1.

The social media team of the crypto money exchange Huobi responded to this tweet by Elon Musk and said, “Are you sure?” asked a question in the form. Elon Musk has been accused of manipulating the price of cryptocurrencies like bitcoin and dogecoin for several weeks.

“The most likely outcome is the most enjoyable,” Musk asked this question. he replied.


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