Dogecoin (Doge) creator Billy made a joke and the price suddenly shot up by 18%. Now what’s next?
Most cryptocurrency meme tokens are pumping slowly, but Dogecoin (Doge) is playing a different role in this upward trend.
Dogecoin (Doge) is a popular memetic crypto token known primarily in the cryptocurrency sector because of Tesla CEO Elon Musk. In 2020, Musk started supporting this token and it gained popularity worldwide. Musk personally holds Bitcoin, Ethereum, and Dogecoin as the most suitable investment assets for his portfolio. Musk has always promoted and supported Dogecoin as a future payment currency.
The current trading price of Dogecoin (Doge) is $0.135, which is 68% higher over the last 30 days as part of a general bull market sentiment.
Dogecoin co-founder Billy Marcus shared a strange joke with his followers on March 2nd.
Through this tweet, Billy claimed that only stupid people work in the cryptocurrency sector. Billy’s tweet did not provide any clarity as to whether he was suggesting people to invest in cryptocurrencies, but he has suggested people not to invest in cryptocurrencies several times in the past.
Dogecoin’s all-time highest trading price was $0.731578, recorded during the last cryptocurrency bull market on May 7, 2021. Now, it will be interesting to see whether Dogecoin’s trading price will touch that level again or another level again. High price level.
In 2021, Elon Musk will launch the Doge-1 satellite and has promised that the space mission project will be funded entirely in the Dogecoin crypto token.
According to Musk’s plan, it was supposed to be launched in 2022, but unfortunately, several legal issues led to significant delays.
Nowadays, majority of Dogecoin enthusiasts are asking Musk about Doge-1 Satelite but are not receiving any response.
Also Read: Bitcoin Cash (BCH) price doubles in 7 days ahead of Bitcoin Cash halving.