Elon Musk To Bring Dogecoin To The Moon With A SpaceX Rocket

Elon Musk will bring Dogecoin to the moon (Newsweek)

JAKARTA - Tesla bosses often influence the value of crypto assets through Twitter tweets and their investments. This time Elon Musk plans to take Dogecoin to the moon with his SpaceX rocket. This statement was revealed in his Twitter upload.

Previously, Musk publicly disclosed that he supports one of the cryptocurrencies, Dogecoin (DOGE). Once again, the billionaire made a statement that caused DOGE's price to skyrocket.

In his tweet earlier this April, Musk said that one of his companies, SpaceX, will bring "real Dogecoin" to "the real moon" as reported by Cryptopotato.

SpaceX is going to put a literal Dogecoin on the literal moon

- Elon Musk (@elonmusk) April 1, 2021

It seems that Musk is responding to the expression of Dogecoin fans who often say "Dogecoin to the Moon" in various memes circulating on the internet. Musk's tweet on Twitter made DOGE skyrocket 35 percent in just a few minutes after his Twitter post.

DOGE managed to reach US $ 0.07 (around Rp1,017) before finally falling back to US $ 0.06 (around Rp.875). Dogecoin managed to increase significantly around 1,500 percent in three months, from the beginning of 2021 to March 2021.

Launching Coingecko, DOGE is like any other altcoin that started off the start of the year in a way that isn't that great. On January 1, 2021, Dogecoin only reached 0.04 US dollars or the equivalent of Rp.581 only.

Interestingly, Musk's comments in February managed to conjure the DOGE price to 0.08 US dollars. The increase made investors think that the billionaire would buy an enormous amount of cryptocurrency.

The "Technoking of Tesla" had previously declared that he supported DOGE in 2017. However, it is not yet known when Musk will bring Dogecoin to the moon.