Crypto Watch: Elon Musk Responds to Dogecoin Creator’s Tweet with Face with Tongue Emoji | “Keep Dogecoin absurd”

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Urian B., Tech Times October 17, 2021, 11:10 p.m.

(Photo: Image from Unsplash website) Crypto Watch: Elon Musk Responds to Dogecoin Creator’s Tweet with Face with Tongue Emoji | “Keep Dogecoin absurd”

In another crypto-related tweet from Elon Musk, the tech billionaire reacted to statements from the creator of Dogecoin about Dogecoin. Dogecoin is a well-known cryptocurrency that experienced massive growth during the time of Elon Musk’s tweets filled. Will cryptocurrency reach new heights?

Creator of Dogecoin Tweet

The “Dogecoin Creator”, with the Twitter name Shibetoshi Nakamoto, recently tweeted “keep the absurd dogecoin” despite the profile description saying “no longer on the project”. To that, Elon Musk responded with a tongue-in-cheek face emoji.

Besides Elon Musk, another big name has also taken an interest in Dogecoin. Mark Cuban, the popularly known billionaire Shark Tank shark and proud owner of the Dallas Mavericks has tripled his stake in Dogecoin.

Mark Cuban triples his investment in Dogecoin

According to a Yahoo story, the owner of Dallas Mavericks had invested $ 500 in Dogecoin but tripled it to $ 1,500. This, however, is not at all a big investment for the billionaire and has been called “not exactly a big chunk of change”.

Although Cuban has so far remained very supportive of Dogecoin, while calling it “the way to pay people” in August, he actually told Fox Business that he owns Dogecoin just “for the fun of it”. Aside from Dogecoin, another dog-themed coin is also the focus of some meme coin enthusiasts. The question is: is Shiba Inu the next Dogecoin?

What is Mark Cuban Bullish?

Cuban also noted that he had never told anyone that it was, in fact, a great investment. Mark Cuban, however, has been bullish on two specific stocks for some time now. This includes both Netflix and Amazon. In April 2021, he even bet $ 1 million that they would be able to beat the S&P 500 within the next 10 years.

Elon Musk had some recent tweets regarding Dogecoin. DOGE even helped raise the price of all of the meme currency, but some Dogecoin knockoffs named after Musk’s pet dog Floki also fell after his recent big gains, as Bezinga reported. Dogecoin had already jumped on October 14, 2021 after Elon Musk sent another tweet related to the Shiba Inu-themed coin.

Read also: Will SHIB become the new DOGE? Could This Meme Coin Be The Next Millionaire Maker?

Dogecoin on 1704 Merchants

This would include approving the call from Dogecoin co-creator Bill Markus for DOGE tickets to be upgraded. Dogecoin adoption also increased in 2021, as the currency itself can now be spent at a whopping 1,704 merchants.

It was previously reported in September 2021, citing data from CryptWerk, which showed the cryptocurrency’s cumulative gains to be an impressive 4,004.5%. When it comes to currency, it is important to DYOR or do your own research before investing in any crypto asset or any asset in general.

Most recently, Gemini burned $ 27.6 million worth of GUSD. Cryptocurrency would have been burnt from Gemini to the “black hole”; the cryptocurrency was previously getting -10.48% on a 24 hour charge.

Related Article: Cardano Price Prediction | What are the top 10 upcoming Blockchain and DAPP projects on this cryptocurrency?

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Written by Urian B.

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