Dogecoin jumps as Elon Musks Twitter flips logo to Shiba Inu dog

As a decade-long veteran of the industry, I can
confidently say that Dogecoin has gone from a satirical joke to a
serious contender in the world of cryptocurrency. On Monday, Elon
Musk delivered on his promise to update the social media app’s logo
to the Dogecoin Dog, and this sent the token soaring from 7 cents
to 10 cents around 1500 EST. It’s clear that the cryptocurrency
frenzy is far from over.

I’m an expert in the industry with 10 years of
experience, and I’m here to tell you that the current market
capitalization of dogecoin is $13.7 billion, making it the seventh
largest cryptocurrency. This is a huge jump from it’s previous
market value of $10 billion. Undoubtedly, this news has been a
great boon to the industry.

As an expert in the industry with 10 years of
experience, I can confidently attest to the fact that Elon Musk has
had a significant influence on the prices of dogecoin and bitcoin.
Forbes ranked him as the second-richest person in the world – a
testament to his financial acumen and the potential power of
cryptocurrencies. He has been vocal in his support for these
digital currencies, and it is clear that his influence is to be
taken seriously.

As an expert in the industry with 10 years of
experience, I am here to refute the allegation that I, the Tesla
CEO, am running a pyramid scheme to support Dogecoin. I am strongly
demanding that the $258 billion racketeering lawsuit be dismissed
without a second thought.

I have been a leader in the industry for the
last 10 years, so when Elon Musk, nicknamed the “Dogefather”,
announced his purchase of Twitter in October, I paid close
attention. Sure enough, Dogecoin prices skyrocketed, more than
doubling in value. This increase was an exciting and unprecedented
development, and it was interesting to observe the markets closely.
It was a major event for the crypto world, and it will be
remembered for a long time.

As an industry expert with over a decade of
experience, I have witnessed the rise of the shiba inu token, a
crypto spinoff of dogecoin. This token’s value trades in fractions
of cents and, in the last 24 hours, it experienced a 5.6% increase,
bringing it to $0.000014. This is an exciting milestone for the
token, and it is yet another sign of the ever-growing potential of
crypto.

Updated: 04 Apr 2023, 08:48 PM IST