Snoop Dogg Joins Elon Musk in Shilling Dogecoin

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Sun, 02/07/2021 - 08:42
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Alex Dovbnya
Rapper Snoop Dogg is now promoting Dogecoin too
Snoop Dogg Joins Elon Musk in Shilling Dogecoin
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Dogecoin (DOGE) is now a new darling of celebrities, with American rapper Snoop Dogg becoming the latest big name to rally behind the buzzing joke cryptocurrency.

In a viral tweet that addresses Tesla CEO Elon Musk, the most vocal proponent of Shiba Inu-inspired digital coin, Snoop Dogg attached a photoshopped cover of his seventh studio album.

Dogecoin
Image by @SnoopDogg

Kiss frontman Gene Simmons, another cryptocurrency cheerleader, shared a picture based on Disney’s animated musical The Lion King that adds Snoop Dogg as yet another monkey shaman Rafiki holding the Doge mascot instead of cub Simba. Later, Musk himself tweeted a new version of his meme.

Elon Musk
Image by @elonmusk

As reported by U.Today, Musk returned to Twitter earlier this week to promote Dogecoin as “the people’s crypto,” sending its price soaring over 50 percent.

Dogecoin has surged over 200 percent since its Jan. 30 low of $0.021, but it’s currently down almost 30 percent from its all-time high of $0.087 reached on Jan. 29.     

Simplicity is genius

The fact that the richest person on the planet behind multiple revolutionary companies tirelessly talks about a meme cryptocurrency is beyond surreal. Naturally, other communities are getting increasingly desperate to shill their cryptos, but Musk couldn’t care less, claiming that its “simplicity is its genius.”

He also adds that Dogecoin is “the most fun crypto,” making its frivolousness its biggest strength. The centibillionaire recently told TMZ that a meme currency becoming a real currency would be “the most ironic outcome”:    

What would be the most ironic outcome? That the currency that was invented as a joke, in fact, becomes a real currency.

Related
Here’s What Dogecoin Has in Common with Building Tunnels, According to Elon Musk

The future currency of Earth

Musk also made a stunning prediction that crypto could become the future currency of our planet:    

There is a good chance that crypto is the future currency of Earth.

Last month, he also mentioned that Bitcoin, the largest cryptocurrency, was on the cusp of mainstream adoption after adding it to his Twitter bio.   

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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