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Does Elon Musk Want to Send Dogecoin to The Moon “Literally”?

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Wed, 24/02/2021 - 13:20
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Does Elon Musk Want to Send Dogecoin to The Moon “Literally”?
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The recently-converted Bitcoin supporter and long-term Dogecoin fan, Elon Musk, has again taken to Twitter to shill his favorite meme-cryptocurrency.

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He posted a picture of Shiba Inu in a spacesuit on the moon, holding a flag saying "DOGE" and "Wow."

The Tesla CEO has commented this with a single word"Literally"which can be read as both "literally" and as containing the word "rally." In one of his recent tweets, Musk referred to Dogecoin as "the people's crypto."

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Image via Twitter

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In the past, Elon Musk has been able to push the price of both DOGE and Bitcoin up with a single tweet. However, those coins did not stay up for a very long time after that and reversed.

Earlier this month, Tesla announced that it had acquired Bitcoin with $1.5 billion of its cash reserves.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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