Elon Musk’s new meme on Dogecoin pumps trade price by 8% 

The richest billionaire in the world once again shared a new meme to support Dogecoin (Doge) amid the crypto bull sentiments.

Elon Musk is the richest personality in the world. He is known for his wise mind & wise business strategy. He is the owner of SpaceX, Tesla, Neuralink, Starlink, The Boring Company, etc. In 2020, Musk started to show his support for Dogecoin (Doge) Cryptocurrency. At the time he also said that Dogecoin will be the future’s best payment Cryptocurrency ever if the crypto sector will succeed as an alternative money market just like the stock market.

On 15 April 2024, Elon Musk shared a new meme on Dogecoin. 

With the help of the shared meme, Musk compared the media to soldiers from a funny movie, saying they struggle to keep a straight face because they have to report on a meme coin that’s now one of the top 10 cryptocurrencies.

Following this meme tweet, the trade price of Dogecoin surged by nearly 7.8% within an hour but later the trade price retraced back. 

In 2024, Musk many times passed comments about Dogecoin openly. Just a month ago, during a public event, Musk said that some Tesla workers wanted him to talk on Dogecoin & also to accept Dogecoin for Tesla products. 

It is noticed by many Crypto enthusiasts that Musk always promotes Dogecoin daily via an innovative trick and people rarely note that strategy. 

An X account by the name DogeDesigner always shares multiple growth factors regarding the X platform but rarely talks about Dogecoin. 

For example, we can see that particular account’s yesterday report on the growing user base & their engagement on the X platform. 

In the shared information they didn’t mention anything about Dogecoin but indirectly they promoted Dogecoin, as the user name of the account is Dgoe-Designer.

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