Dogecoin is on the rise again thanks to Elon Musk
Dogecoin has increased more than 20% in value after billionaire Elon Musk said he was accumulating this digital currency.
"I will continue to support Dogecoin," Elon Musk wrote on Twitter on March 29. The message quickly received more than 300,000 likes and nearly 30,000 comments.
Some were skeptical and an account named Altcoin Gordon asked if the American billionaire still owned Dogecoin. Musk replied: "I still have it."
Elon Musk has repeatedly voiced his support for Dogecoin. Photo: Medium View full screen
Elon Musk has repeatedly voiced his support for Dogecoin. Photo: Medium
After the above content, Dogecoin increased by 20%, from
0.189 to 0.221USD per coin. The price of this cryptocurrency this morning is 0.201 USD.
