SpaceX founder and Tesla CEO Elon Musk predicted the cryptocurrency Dogecoin “capture the world.”
Kyiv. Ukraine. Ukraine Gate – May 10, 2021 – Entrepreneurs
According to Mask, it all started as a joke based on an Internet meme, but now it is a reality. He also noted that cryptocurrency has become an unstoppable financial instrument that will conquer the world.
At the same time, during Mask’s performance at the show, the price of cryptocurrency on the market fell. An hour after it started, the price dropped to 48 cents. Prior to the transfer, Dogecoin cost 66 cents. It is noted that the expectations of cryptocurrency fans that Mask’s speech on the transfer will significantly increase its value, did not come true.
Dogecoin cryptocurrency
This is a meme currency, which was created in 2013. The currency is named after the online meme Doge. The meme is a photograph of a siba-inu dog nicknamed Cabos. A feature of cryptocurrency is the fast period of initial mining.
On February 4, 2021, Elon Musk returned to Twitter after a two-day break with reports of the cryptocurrency meme Dogecoin. In a few hours, the price of the currency increased by 75%.
It all started when Musk shared a photo of a rocket flying to the moon and then added a tweet with one word: “Doge”. He then shared a meme with the most famous episode from the cartoon “The Lion King”, and made a few more messages.
As a result, the message received tens of thousands of retweets and led to an increase in the price of Dogecoin.
On February 8, 2021, the cryptocurrency with the image of a siba-inu dog reached a record high. The value of the token rose to a peak of 8.2 cents with a market capitalization of 10.5 billion dollars.
What is bitcoin
Bitcoin is an electronic currency, the concept of which was voiced by Satoshi Nakamoto in 2008 and presented by him in 2009, based on a self-published document by Nakamoto.
Initially, this cryptocurrency cost only a few cents and attracted little public attention. In 2013 alone, the bitcoin exchange rate surpassed the $ 1,000 mark for the first time.
The year 2017 became significant for this cryptocurrency, at the beginning of which one bitcoin cost a thousand dollars. Then he began to cross a thousand marks almost every month, confidently approaching 20 thousand.
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Source: Ukrgate