One Word From Elon Musk Sees Price of Dogecoin Increase

[pvc_stats postid="" increase="1" show_views_today="0"]
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

One Word From Elon Musk Sees Price of Dogecoin Increase

By Crypto Global News

Elon Musk hasn’t earned the name “crypto king” and “dogefather” for no reason.

His decision to type a single word into social media earlier this week has seen a flurry of activity in the cryptocurrency realm.

The billionaire entrepreneur replied to a tweet on Monday about an update to the dogecoin network and it sent prices surging.

Mr Musk wrote a single word: “Important.”

But it soon acquired more likes than the original tweet and saw a temporary rise in the cryptocurrency.

According to the tweet that the Tesla CEO brought attention to, only 205 computers were already running doge’s newest update.

However, once more computers run the upgrade, the network will be more “secure” and will “lower the transaction fees”.

Within 24 hours of the tweet, dogecoin rose by 1.52 per cent to US $0.2734 (A$0.37).

By Friday, it was up to US$0.2911 (A$0.39) at time of writing.

The phenomenon of the tech tycoon’s tweets buoying the market has been called the “Musk effect” by some.

In May, a tweet by Mr Musk was credited for a rise of more than 29 per cent in one particular cryptocurrency.

Then a month later, Mr Musk caused a 10 per cent rise in an altcoin called shiba inu.

When Musk tweeted, “My shiba inu will be named Floki,” in June, shiba inu coin’s price spiked about 10 per cent.

Elon Musk has been labelled ‘the dogefather’ because of the special interest he has taken in dogecoin. Picture: Brendan Smialowski / AFPElon Musk has been labelled ‘the dogefather’ because of the special interest he has taken in dogecoin.

Musk is a huge believer in dogecoin.

A few months ago, he said dogecoin could easily “become the currency of Earth” and beat other cryptocurrencies, especially bitcoin, “hands down”.

Bitcoin is soon going to update its system with the taproot update in November.

Dogecoin was first created in 2013 as a joke payment system, but many, including Musk, believe it will make lots of money in the future.

Musk has previously said that anything he says about doge should not be taken seriously.

Bitcoin is currently the leader the cryptocurrency industry, with a single coin selling for US$48,482 (A$65,530) at time of writing.

*Note We Deliberately Miss Spell Some Words or Add Capital Letters To Get Around Big Tech Censoring.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Join www.truthbook.social our new social media platform backed by Independent Media. where you can speak the truth, and not be banned. Plus you'll receive $50 USD in www.truthcoin.social,the crypto currency backing the project, when you join, plus a lot more for sharing posts. www.truthbook.social

Truthbook.social offering hundreds of thousands in giveaways for those joining its new social media platform as many desert Facebook in droves because of censoring

Here is some of the current incentives being offered to new users

Subscribe for free to our ANR news emails and access 2 free ebooks plus Reports to share with family and friends about Covid fraud and the danger of the vaccines.

For ANR Smaller Donors please donate below to help fund our critical not for profit work. Together we can defeat mainstream media.

We are a not for profit Independent Media Company which survives off donations, even as little as $5 per month . Please donate now to help fund our work

Truthcoin Offer

$1000 USD turns into Now $7500 Truthcoin
$2,500 USD turns into Now $25,000 Truthcoin
$5000 USD turns into Now $65,000 Truthcoin
$10,000 USD turns into Now $150,000 Truthcoin
$15,000 USD turns into Now $250,000 Truthcoin
$50,000 USD turns into Now $1.15 Million Truthcoin
$100,000 USD turns into Now $2.5 Million Truthcoin

Leave a Reply

Your email address will not be published.

Jamie McIntyre
TruthBook.social Videos

McIntyre Report
Political Talk Show

ANR Conversations with Wayne Crouch and Lisa Johnston with special guest Jamie Mcintyre Founder and chief editor of Australian National Review -Part 2

ANR Conversations with Wayne Crouch and Lisa Johnston with special guest Jamie Mcintyre Founder and chief editor of Australian National Review -Part 1

We are a not for profit Independent Media Company which survives off donations, even as little as $5 per month . Please donate now to help fund our work

Kylie Bartlett show

Craig Schulze Show

WHY WE NEED TO START SAYING NO TO GAIN OUR SELF RESPECT

Play Video

Raw Report

Ryan Jackson Saw show

Hero Nurse Exposes Government Policies Leading to Elder Abuse

Top 10 Crypto

in USD

in AUD

in GBP

in CAD

Jamie McIntyre

Truthbook.Social

Currency Exchange Rates in AUD

Live and updated every minute of the day

Current Price of Bitcoin 2.0
0.19 on Coinsbit

Nurses Speak Out

ANR Meme Report

with Nadine Roberts

Episode 002

21st Century Political System

Play Video

Editor's Pick

Enter email to receive ANR News articles, 2 free e-books, plus the Global Health Organisation Report

Download the Full PDF - THE COVID-19 FRAUD & WAR ON HUMANITY