Elon Musk played! Dogecoin increased, gained 27% in 1 day, know the whole matter

Elon Musk played -:

Whenever Elon Musk, the owner of many companies like Tesla, SpaceX and Twitter, takes some decisions, his decisions surprise the world. But friends, do you know that Elon Musk is the second richest person in the world and he deliberately acts childish?

Musk is a good businessman and no businessman takes such ludicrous decisions just like that. Musk surprised everyone on Monday night. He suddenly replaced the blue bird in the Twitter logo that night with a picture of a dog. Actually this Doggy is none other than Doggy with his Doge Coin.

After which people made fun of it on Twitter. People are now calling this big decision of Elon Musk childish and are also making many memes on it. But do you know that Musk has collected a lot of money by changing only one logo?

Dogecoin jumped 27 percent in 1 day -:

As you know – the dog whose photo Musk changed the Twitter logo is none other than the symbol of the popular cryptocurrency Dogecoin. As soon as the logo of Twitter changed on Monday night, there was a sudden tremendous jump in this cryptocurrency.

Since then, its price has increased by about 27 percent so far. Dogecoin has reached an intraday high of $0.1026. In terms of market cap, currently Dodge has become a top meme coin. In the last 24 hours, the trading volume of Dogecoin has increased by a whopping 544 percent. People are fiercely trading in this dogecoin.

Because of which the market cap of Dodgecoin has increased by about 25 percent to $ 13.69 billion. The company has overtaken MATIC in terms of market cap. If Coin continues to run at this pace, it may soon overtake Cardano (ADA).

Why is Musk engaged in promoting the dog?

Now the question will be in your mind that why is Musk Bhaiya promoting Dodgecoin so much? Actually, Elon Musk has invested a lot of money in Dodgecoin. In the beginning of the year 2021, Musk had said that he had invested a lot in Dodgecoin. During the ‘B Word’ conference last year, Musk told that he has three different types of cryptocurrency.

These three coins are none other than Bitcoin, Ethereum and Dodgecoin. Musk had said that he has these as long term investments.

Its case is also going on -:

A case is also currently going on against Elon Musk for increasing the price of Dogecoin and this case is not just such a case, it is a full $ 258 billion legal case. At the same time, Musk’s lawyers have said on this that Musk only does all this in the form of fiction.

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