🔥💥Elon Musk Shared the Photo of Her Dog Wearing a Hat: DogWifHat Rate Increased by 30%
Elon Musk, the leader of Tesla, has always been known as a loyal Dogecoin advocate. However, a new visual that Musk uploaded to the X caused a new frenzy of speculation to be born. Musk recently uploaded a new picture of a dog wearing a hat, which has spurred speculation that the Tesla chief is backing the #Dogwifhat (#WIF ) meme money.
However, the rumors turned out to be positive for WIF in general, causing the cryptocurrency to increase by 30% in the last 24 hours.
Is Musk introducing DOGWIFHAT?
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Crypto X is a chaotic arena where new concepts and theories are emerging every second. In one such speculative development, a new visual uploaded to X by Musk has enabled meme money to document a remarkable price increase.
The SpaceX CEO drew attention to X for uploading three pictures of dogs. The purpose of this picture was to wish his followers a happy St. Patrick's Day. The picture also showed that their dog was wearing a hat, which triggered the rumors to gain momentum.
The image has spurred speculation about whether Musk is indirectly promoting DOGWIFHAT. WIF is a new meme coin that has been making headlines in the crypto Sunday recently.
According to CoinMarketCap, WIF has increased by more than 25% in the last 24 hours, also influenced by Musk's alleged promotion. However, Musk has not yet commented on whether the uploaded image is intended to reflect his liking for WIF.
WIF Price Increase
Musk's image of a dog with a hat indirectly helped Dogwifhat gain considerable momentum in the Sunday. The cryptocurrency has exceeded 20% in the last 24 hours and remained at $ 2.90. The cryptocurrency had previously crossed the $3 threshold and retraced its steps with a small drop.
“It is based on our algorithmically generated price prediction for Dogwifhat. It is expected that the WIF price will drop by 227.96% next month. WIF can reach $9.85 on April 17, 2024."
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