NEW YORK, February 8. /TASS/. Twitter posts by entrepreneur Elon Musk, rapper Snoop Dogg, and musician Gene Simmons triggered Dogecoin cryptocurrency to hit historic excessive on Monday, based on CoinGecko, an internet site which tracks fluctuations within the worth of the world’s main cryptocurrencies in actual time.
“Dogecoin is the folks’s crypto,” Musk posted on Twitter, following by a number of over tweets supporting the cryptocurrency. Rapper Snoop Dogg and Kiss bassist Gene Simmons later agreed with him with varied posts in regards to the forex on social media.
Dogecoin worth on Monday rose to an all-time excessive of $0.823. Market capitalization has surpassed the $13.5 bln mark. The value later declined. Dogecoin presently reaches $0.069 (+20.4%).
On the finish of January, Musk’s tweets led to a pointy development of one other cryptocurrency – bitcoin. Inside one hour, it rose by $5,000 to $37,299 after Musk added the cryptocurrency’s hashtag to his account.