Today (April 28) once again Tesla CEO Elon Musk pumped Dogecoin! The DOGE price took a giant leap within minutes of the famous CEO’s tweet.
Why is Dogecoin rising?
Over the past few months, two world-famous billionaires have had the biggest share in bringing ‘s price level to today’s price level.. Of course, these two names are well known in the crypto community: Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban.
Today (April 28) the price of Dogecoin has once again increased by more than 23% in a short period of time, driven by Tesla CEO Elon Musk’s tweet.
Data published by TradingView shows that five minutes before Musk’s tweet (at 06:15 UTC on April 28), Dogecoin was trading at a relatively low level of $0.2592.
Then, just 15 minutes after Musk’s tweet, the price of Dogecoin rose as high as $0.33. This means that the DOGE price has appreciated by over 23% against the USD within 20 minutes. He will appear as a guest host on the episode of Saturday Night Live (SNL), the most famous comedy/show of ‘s, which will air on May 8th.. The famous CEO did not forget DOGE in his tweet, referring to his participation in the program as a presenter.
Messari’s Asia Advisor, Mira Christanto, tweeted about the impact of Musk’s tweet on Dogecoin price.. And after Elon Musk’s tweet, he said that DOGE’s market cap increased by $3 billion.
Also, this tweet, where Elon Musk calls himself “The DogeFather” e gained more than 23% lift. And the asset’s market value rose $3 billion to $39,740,592,648.
Meanwhile, Anthony Sassano, Product Marketing Manager at Set Labs, Co-Founder of ETH Hub, and co-host of “Into the Ether”
Also yesterday, billionaire investor and entrepreneur Mark Cuban talked about Dogecoin during an interview on The Ellen DeGeneres Show.. And he said that Dogecoin, although it entered the market as a joke coin, is now a real digital currency.
Also, crypto payment processor BitPay is also based in Houston, Texas yesterday, and only for super luxury cars like Bugatti/Bentley.
At the time of publishing our article, Dogecoin is trading around $0.322.. This shows that it has increased by 21% in the last 24 hours and 5832% since the beginning of 2021.
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