Responding to a tweet by Brett Winton, director of analysis at Ark Make investments, SpaceX and Tesla CEO Elon Musk shared a video a couple of standard meme cryptocurrency, dogecoin (DOGE) on April 1st.
Winton shared a dialog about Bitcoin mining which reveals him struggling to elucidate to his mother that bitcoin miners are computer systems on April Fools’ Day. On the identical day, Musk shared a meme video titled “Ð is for Ðogecoin” and captioned it saying “Simply present her this video explains every part.”
ALSO READ – What’s within the video that Musk thinks, explains every part?
Within the brief video, the DOGE mascot will be seen on a journey to the moon whereas the Shiba Inu is on a rocket bypassing Bitcoin together with different crypto property as the worth of DOGE skyrocketed.
To which Winton replied that he’s afraid that the meme is “A meme too far for her I’m afraid. (Alternatively, my 5-year-old is now frantically agitating to arrange a Coinbase account).”
Billy Marcus, the co-founder of Dogecoin, additionally commented on Musk’s tweet declaring the meme video because the “greatest cryptocurrency video in historical past.”
This isn’t the primary time that Musk has shared this specific video. Final yr, on Feb 7 he tweeted the identical video with the caption: “Ð is for Ðogecoin! Educational video.”
In the meantime, the supporters of DOGE have been fairly blissful seeing Musk tweeting once more about their favourite cryptocurrency. The DOGE group has appreciated Musk for serving to in rising the worth of dogecoin by way of his tweets and even given him the identify, “the Dogefather.”
Began as a joke in 2013 by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, Dogecoin is now the twelfth largest cryptocurrency by market cap. On the time of writing, the favored meme forex was altering palms at 0.140356 USD.
Nevertheless, this time Musk’s tweet didn’t set off the market on Dogecoin. When his tweet got here, the meme coin was buying and selling at $0.1420.
Tesla’s CEO in March verified that he owns Bitcoin (BTC), Ethereum(ETH), and Dogecoin(DOGE), saying that he doesn’t plan to promote them. In response to Musk, DOGE is the very best cryptocurrency for transactions, and known as the favored meme coin “folks’s crypto.”
Opposite to his views on Dogecoin, the Tesla boss appears to be like on the flagship cryptocurrency as a retailer of worth. Additionally, his electrical automobile firm even accepts Dogecoin for sure merchandise.
Under is the hyperlink to the DOGE video shared by Elon Musk.
