Business
Joke cryptocurrency dogecoin sees share price almost double after tweets from billionaire Elon Musk – NEWS.com.au
Joke cryptocurrency dogecoin sees share price almost double after tweets from billionaire Elon Musk
A cryptocurrency originally invented as a joke, called dogecoin, has seen its value skyrocket after a series of tweets from Tesla founder Elon Musk.It surged by more than 40 per cent on Thursday to $0.058 ($A0.10) after the billionaire’s backing as traders piled in to buy up stocks.
Despite announcing a break from Twitter on Tuesday, Mr Musk returned just two days later and wrote “Dogecoin is the people’s crypto.”
He followed that up with: “No highs, no lows, only Doge.”
RELATED:Dogecoin worth more…
-
Noosa News22 hours agoLaidley e-scooter death: Tragic new details after Summah Richards killed in freak accident
-
General23 hours agoMinjee Lee rallies after third-round meltdown to share fifth place at LA Championship
-
General17 hours agoUkraine says Russia has ramped up attacks despite ‘Easter truce’
-
General22 hours agoEaster drowning toll in NSW rises after fisherman swept off rocks in Sydney’s south