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DOGE Starts Going Up as Elon Musk Tweets “Release the Doge”, Posting Godfather Meme

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Thu, 1/07/2021 - 9:05
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DOGE Starts Going Up as Elon Musk Tweets “Release the Doge”, Posting Godfather Meme
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For the second time today, the Tesla CEO Elon Musk is mentioning his favorite crypto – Dogecoin – in his tweets.

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This time, he has posted a Godfather meme about Dogecoin code. The crypto community quickly responded to that, either shilling the meme-coin or insisting that it can’t compete with the flagship cryptocurrency Bitcoin.

The tweet demands that Dogecoin must be released. No explanation was offered by Musk, as it happens all the time.

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After that tweet came out, the price of DOGE began to rise, so far only over 2 percent but the growth continues.

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Image via Twitter

Earlier, Elon Musk stated that miners will not be able to use Tesla's Dojo supercomputer for mining Dogecoin on it.

Less than an hour after that, the centibillionaire published a tweet dedicated to the Baby Doge coin.

In the past, many in the cryptocommunity opined that the Tesla CEO is trying to deliberately manipulate the crypto market, pushing the Dogecoin price up and moving Bitcoin price up and down the charts.

Musk is a Dogecoin holder himself and in his tweets earier this year, he stated that he does not intend to sell his DOGE holdings.

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Image via Twitter

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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