Celebrities from All Industries Were Pumping DOGE to the Moon Over the Weekend
The latest trip to nearly $0.09 has DOGE becoming the 10th largest cryptocurrency with a market cap of $9.62 billion, worth more than the likes of Stellar (XLM), AAVE, Uniswap (UNI), EOS, Elrond, Tron (TRX), Tezos (XTZ), and Synthetix (SNX).
The meme cryptocurrency Dogecoin (DOGE) is back to pumping. The first pump was seen at the end of January when the price of DOGE went from $0.0073 to $0.073 on Bittrex, which soon fell to $0.03, but this month, DOGE has been slowly climbing up and yesterday went to nearly $0.09. Another retracement has been seen today to $0.062, but we are currently around $0.075.
These gains have DOGE at the 10th spot with a market cap of $9.62 billion, worth more than Stellar (XLM), AAVE, Uniswap (UNI), EOS, Elrond, Tron (TRX), Tezos (XTZ), and Synthetix (SNX).
Interestingly, over the weekend, while DOGE took off, yet again, other cryptocurrencies, including Bitcoin and Ether, experienced a correction.
All of this has been started by Tesla and SpaceX CEO Elon Musk and then carried forward by other celebrities. Musk has propelled DOGE prices higher previously on several occasions with his tweets, but this time, he went on a frenzy with his tweets about the meme coin.
As we reported, on Thursday, he tweeted, “Dogecoin is the people’s crypto,” and then in a separate one, “No highs, no lows, only Doge.”
The future currency of Earth
— Elon Musk (@elonmusk) February 6, 2021
In his appearance at the clubhouse, he had said, “the most ironic outcome would be Dogecoin becomes the currency of Earth in the future.” While this continued with “Ð is for Ðogecoin! Instructional video” tweet that he shared today, this might be it for the DOGE pump from Musk, for now, as he goes “back to work.”
But his DOGE mania did bring other celebrities in. Musician Gene Simmons, who recently announced his interest in cryptocurrencies and even bought some coins also promoted DOGE.
Soon Rapper Snoop Dogg also jumped in with Kevin Jonas, chiming in, “All I’m saying… $doge.”
— Snoop Dogg (@SnoopDogg) February 6, 2021
“If I had to choose between buying a lottery ticket and Dogecoin …..I would buy Dogecoin,” is how Shark Tank’s Mark Cuban announced he was also onboard the DOGE train. Cuban, who found more worth in a banana than cryptos, recently revealed that he owns Bitcoin, Ether, Litecoin, and popular DeFi tokens like AAVE and SUSHi, and he’s taking a special interest in NFTs as well.
Rapper Lil Yachty, who launched his social token in December, also said, “DOGE TO THE MOON AND WE NOT COMING BACK.”