For the second time today, the Tesla CEO Elon Musk is mentioning his favorite crypto – Dogecoin – in his tweets.
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.
Yuri MolchanAfter that tweet came out, the price of DOGE began to rise, so far only over 2 percent but the growth continues.
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.
Dan Burgin
Alex Dovbnya