Elon Musk's Tweets Make Dogecoin's Value Soar Again


The latest post by the world's richest person on Twitter, namely Elon Musk, has made the price of Dogecoin soar again. This tweet even managed to attract the attention of more than 7 thousand netizens, including good news for Shiba Inu investors.

"Tesla merch buyable with Dogecoin," Musk wrote, as quoted by us from his personal Twitter, Saturday (15/1/2022).

From the results of monitoring on Tesla's official website, at least there are some products that people can take with Dogecoin. Starting from an electric motorcycle to a variety of apparel. It just doesn't apply to electric cars.

Named Cyberquad for Kids, they offer a value of 12,020 Dogecoins. Then there is a belt titled the Giga Texas Belt Buckle, priced at 835 Dogecoin. Then S3XY Mug 150 Dogecoin, Cybertruck Graffiti Cuffed Beanie 205 Dogecoin, Cybertruck Graffiti Trucker Hat 200 Dogecoin and finally Cyberwhistle 300 Dogecoin.

Due to the tweet, its share price rose by 20%. The figure touched USD 0.1987 per coin. Where the market capitalization of Dogecoin has crossed the USD 26.36 billion mark.

Posted on January 14 last, until this news was made, Musk's tweet has managed to have 47.4 thousand Retweets, 7,146 thousand Quote Tweets and 290.4 thousand Likes. Most of them, responded with great joy.

Musk himself does have a very big influence, on the rise and fall of the price of Dogecoin. Several times, his statements on Twitter raised the value of this cryptocurrency. Over the past year, the figure has increased by 3,800% from the initial value of USD 0.004 per coin.

He also became a human being with the throne of the richest man in the world beating Jeff Bezos. The founder of Tesla and SpaceX, once earned more than USD 25.6 billion in a day, which happened when the shares of his electric car company rose.

Tesla's stock rose, due to Hertz's announcement of its plan to buy 100,000 electric cars. As a result, Musk's net worth is USD 255.2 billion in 2021. Musk even revealed the amount of tax he will pay last year.

"For those who are curious, I will be paying over $11 billion in taxes this year," Musk wrote.

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