Elon musk crypto coin crypto
Bitcoin, Ether, and other major cryptocurrencies took serious losses over the past week, and the crypto community is dealing with it the way it knows best: with memes. A series of memes on Twitter this week revived a long-running joke in crypto circles that when crypto prices drop, traders have to get a real job to make ends meet. Crypto superfans like Nayib Bukele, the president of El Salvador, and billionaire Elon Musk have jumped onto the trend. The bulk of the memes are being created by average people.
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- Cryptocurrency dogecoin tumbles after Elon Musk calls it a 'hustle' on Saturday Night Live
- Dogecoin value soars after Elon Musk says it will be accepted for Tesla goods
- Dogecoin soars as Elon Musk influences crypto markets
- Cryptocurrency prices today: Elon Musk’s statement boosts Bitcoin, other virtual coins
- Elon Musk Says He’ll Eat a Happy Meal on TV if McDonald’s Accepts Dogecoin
- Confused About Dogecoin? Here’s How It (Doesn’t) Work.
- Dogecoin jumps 9% after Elon Musk says it can be used to buy Tesla merchandise
Cryptocurrency dogecoin tumbles after Elon Musk calls it a 'hustle' on Saturday Night Live
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Font Size Abc Small. Abc Medium. Abc Large. Reuters Products such as the "Cyberwhistle" and "Cyberquad for Kids" could be bought using the cryptocurrency, according to the Tesla website. New Delhi: Elon Musk 's favourite Dogecoin has zoomed as much as 25 per cent in the last 24 hours, after a tweet from the electric-car maker's boss, which says the company is accepting digital currency Dogecoin to buy Tesla 's merchandise.
Tesla merch buyable with Dogecoin — Elon Musk elonmusk Read More News on dogecoin price today dogecoin musk elon musk tesla cryptocurrency elon musk tweet cryptocurrency price today polkadot. Also, ETMarkets. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.
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Dogecoin value soars after Elon Musk says it will be accepted for Tesla goods
Dogecoin's value shot up about 6. Musk has been a longtime champion of the cryptocurrency, tweeting, "Dogecoin is the people's crypto," last February. Dogecoin started as a spoof coin featuring the face of a Shiba Inu and has steadily risen in value, reaching over ten cents in April of Dogecoin was inspired by the popular Doge meme of a Shiba Inu staring sideways at the camera with raised eyebrows, according to the website Know Your Meme.
Dogecoin soars as Elon Musk influences crypto markets
The first week of was really quite bad. Week two showed some promise. In the third week, Bitcoin and Ethereum crashed to their lowest prices since last summer. The past week has looked like the start of a full recovery, but you can never be sure with crypto. Thank goodness then for Crypto Twitter , an endless source of diversion. Read on to find out how many pots they stirred this week. Suffice to say, the exploit was widely discussed on Twitter. There is currently an exploit on opensea letting someone buy your NFTs for old listing prices.
Cryptocurrency prices today: Elon Musk’s statement boosts Bitcoin, other virtual coins
Elon Musk and his tweets have time and again affected the cryptocurrency markets and it's not something new. Every time the Tesla CEO tweets about a certain currency, the market reacts to it in extremes. Now, this is not the first time Musk has promoted Dogecoin, he has been doing it for a long time and the currency itself has seen quite a few highs and lows because of this. Now, one would expect the dogecoin to move up in the market amid all this Twitter chatter but McDonald's had other plans. Once this tweet was out, GrimaceCoin started witnessing a rise in prices.
Elon Musk Says He’ll Eat a Happy Meal on TV if McDonald’s Accepts Dogecoin
Musk's five-word message -- "Tesla merch buyable with Dogecoin" -- garnered more than , likes on the platform and sparked a spirited, meme-filled debate in the comments section. Meanwhile, Tesla's website for merchandise and accessories which doesn't sell its famous electric vehicles on Friday showed updated checkout buttons next to some of its products for those wanting to pay with Dogecoin. For years, the so-called meme coin had been worth less than a penny. After the Musk's tweet on Friday, it was trading at around 19 cents -- a big leap compared with historical lows but still roughly one-third of its record value last May of over 60 cents. It's not the first time a Musk tweet has been linked to swings in the crypto market.
Confused About Dogecoin? Here’s How It (Doesn’t) Work.
Gavin Brown is a co-founder and Non-Executive Director of a start-up digital assets fund that will not benefit directly from this article. Fast-forward a few short weeks and the situation has changed entirely. As has been well reported , this is the equivalent usage of a medium-sized country — currently Egypt — and the power consumption can be followed in real-time here. Worse, much of this mining relies on coal-fired power in China, although many in the crypto industry contend that the impact is far more moderate than suggested. Read more: Bitcoin isn't getting greener: four environmental myths about cryptocurrency debunked. Either way, it is difficult to believe that Musk and Tesla were not aware of these issues at the start of the year. A rising tide lifts all boats but the opposite can also be true.
Dogecoin jumps 9% after Elon Musk says it can be used to buy Tesla merchandise
We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. To learn more or opt-out, read our Cookie Policy. As Elon Musk tweets go, so goes the crypto market.
So far in , Elon Musk tweets have sent Bitcoin and Dogecoin prices soaring. Earlier this year, Musk added hashtag bitcoin bitcoin to his Twitter bio, which sent Bitcoin prices to record highs. He also added that fate loves irony, and what could be the most ironic outcome is that the currency that was invented as a joke in fact becomes the real currency. When asked about which one is it going to be?
The overall market also bounced back slightly, though the price rise slowed down considerably on Thursday. You can follow all the latest news, analysis and expert price predictions in our live blog below. However, the leading cryptocurrency is still down by over 7 per cent compared to its value a week earlier. Solana has grown by nearly 4 per cent in the last 24 hours, although it is still down by over 25 per cent compared to its value 7 days ago. Polkadot has also grown in the last day at a similar rate, but the cryptocurrency is still down by over 20 per cent compared to its price a week earlier.
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