In the past, the SpaceX founder has posted about Dogecoin and its value increased. The FCA said: "If you invest in cryptoassets, you should be prepared to lose all your money.". See today's front and back pages, download the newspaper, 4.0199 +0.3115 +8.40%: BTC-USD. Finance in February. newspaper archive. Elon Musk's tweets often result in a surge in the value of Dogecoin. Elon Musk, Gene Simmons and Snoop Dogg have all turned heads toward the meme-inspired coin. Our Privacy Notice explains more about how we use your data, and your rights. To see all content on The Sun, please use the Site Map. [EXPLAINED]Elon Musk announces plan for extra-terrestrial cryptocurrency [REPORT]Dogecoin price tracker: Track dogecoin's latest price in real time [INSIGHT], "These events have led to a new wave of interest in cryptocurrency in general, and as a popular “meme” cryptocurrency, Dogecoin seems to have benefitted.". 54.18 % 24h Volume. December 21, 2020. The price of $DOGE did not seem to respond positively to Musk’s tweets. Queen takes dogs for walk at Frogmore where Harry is staying for funeral, Girl from inbred family told pal sis was pregnant by bro but didn't know which, Damian Lewis shares heartbreaking tribute to his wife Helen McCrory, Damian Lewis reveals Peaky Blinders star wife Helen McCrory has died aged 52, ©News Group Newspapers Limited in England No. Dave Liedtka. Bitcoin (BTC) dropped 5 percent while Ethereum (ETH) fell by 8%. The sellers are lining up at $0.05234 to bring the price down. The virtual currency surpassed 10 cents for the first time in the last 24 hours, and currently sits at about 13 cents. 2.002 T. BTC DOMINANCE. The price had recovered to $0.057 at press time. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. Price analysis: Dogecoin spikes 37% after Elon Musk tweet. Elon Musk. Elon Musk announces plan for extra-terrestrial cryptocurrency, Dogecoin price tracker: Track dogecoin's latest price in real time, he thinks DOGE is stuck in a bubble that is being inflated for short-term gains, Tesla stock surges: Elon Musk shares spike 7% after sales surge, China's bitcoin mining is a growing 'threat' to curbing climate change, Bitcoin price crash: Cryptocurrency value plunges – 3% drop in 24hrs. The crypto's market cap is now valued at a staggering £24.54billion ($33.78billion). But they clearly have a real impact on the value of the cryptocurrency.In response to his tweet, several people replied with various memes of Musk with “Doge” and with phrases like “Dogerise” and “Doge taking over the world!”. Elon Musk Is Back Tweeting About Dogecoin as Price Rises 50% Dogecoin (DOGE) surged more than 50% on Thursday morning to trade around $0.059 per coin. +7 +7 Musk … "Those are already on the rise and will likely continue to gain more and more attention in the coming years.". Among them was TV chef Guy Fieri, who tweeted about the token "rolling' out to the Moon" - a humorous reference to the token's rocketing price. Elon Musk made another Doge-related storm on Twitter by requesting whales to sell off their coins. Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk is asking major Dogecoin (DOGE) investors to “sell most of their coins.” What Happened: The world’s richest person, who has been an … “He is actually dead serious. Musk stated that major Dogecoin holders must sell most of their coins to achieve more decentralization. The virtual “money” started as an internet parody more than seven years ago, according to CNN, but has since become a legitimate digital currency. Previously, the billionaire changed his Twitter biography in January to read "#bitcoin,” and within minutes, the value of Bitcoin went up to $5,000 "in the space of an hour to trade at $37,299,” according to CNBC. Earlier this year, The Financial Conduct Authority (FCA) has also branded cryptocurrencies an all-high risk and speculative investment. Get top exchanges, markets, and more. Dogecoin is simply a digital coin with a picture of dog on it, according to CNET. Bitcoin’s price reached a new record on Sunday, rising above $49,000 for the first time. Dogecoin has seen an unprecedented amount of high-profile support in recent months, with Mr Musk taking the charge. "I think that the 'traditional' financial world will have to embrace the technologies that underpin cryptocurrencies. DOGECOIN prices have hit an all-time high amid a flurry of investing from memesters spurned on by SpaceX mogul Elon Musk. DOGECOIN, a cryptocurrency essentially based on a meme, surged in price today and got a boost from Tesla CEO Elon Musk when the tech founder tweeted a gif of the dog featured in the meme. Elon Musk said he would support major holders of Dogecoin if they sell their coins. The digital asset is up nearly 90 percent on the last 24 hours, and South African billionaire Elon Musk may have played a role in DOGE's meteoric rise. Elongate Coin Price Prediction 2021, 2022, 2025, 2030, 2040, 2050 Future Forecast Till $0.1 USD ElonGate Crypto Token Legit, NFT, Meme Elon Musk Sometimes they'll include recommendations for other related newsletters or services we offer. Elon Musk's Tesla has invested in bitcoin (Image: GETTY) Included in … Dogecoin price: How to buy dogecoin in the UK? Dogecoin (DOGE) prices have been skyrocketing this week with traders rallying and pushing the virtual token to new highs. Too much concentration is the only real issue imo.” Around ten hours later, the multi-billionaire founder of Tesla and SpaceX followed up with the following: UA-109208733-1. DON'T MISS...Dogecoin price: How to buy dogecoin in the UK? Independent Press Standards Organisation (IPSO). For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/. Elon Musk Dogecoin Support on … Dogecoin, the memecoin named by Tesla TSLA billionaire Elon Musk as his 'fav' cryptocurrency, has soared over the last few days. Too much concentration is the only real issue imo. The value of the digital currency went up more than 85 percent in the last 24 hours, and may have been spurred by Musk's tweet. Anyone interested in buying digital assets like DOGE should be prepared to only invest money they are prepared to lose. The cryptocurrency is rather popular on Reddit, but its biggest fan seems to be Musk, whose tweets tend to drive up Dogecoin value. Cryptocurrency specialist Tom Stelzer of the finance comparison site finder.com said: "It’s difficult to pinpoint the recent rise in Dogecoin to any one factor, but it’s likely to be a combination of major cryptocurrencies like Bitcoin and Ethereum reaching new all-time-highs, and one of the world’s most popular cryptocurrency exchanges, Coinbase, listing on the stock market. He was recently joined by a number of other celebrities who publically endorsed the virtual asset. According to Michael Kamerman, the CEO of Scandinavian fintech Skilling, interest in tokens like dogecoin is only going to increase in the coming years. Freetrade analyst David Kimberley, for instance, has told Express.co.uk he thinks DOGE is stuck in a bubble that is being inflated for short-term gains and not long-term support. The Tesla founder thinks that too much concentration among top holders is an issue. — Elon Musk (@elonmusk) February 14, 2021 . The SpaceX and Tesla billionaire has been flooding his Twitter profile with memes and jokes about DOGE, rallying fans of the "joke" token. Elon Musk-Prompted Bitcoin Price Surge Causes Liquidation of $387M in Shorts. When you subscribe we will use the information you provide to send you these newsletters. "That will start with the rise of central bank digital currencies. The 'meme cryptocurrency' is now valued at … — Elon Musk (@elonmusk) February 4, 2021 Even though the price is at elevated levels on the daily charts, the bulls leave no stone unturned to keep the DOGE /USD above the $0.0400 level. Dogecoin price quadruples as Elon Musk memes drive cryptocurrency to new record high ‘Now that $1 is an imminent reality, we should all pledge … 10/02/2021. On Wednesday afternoon (EST), dogecoin was exchanging hands for $0.058 per coin. Elon Musk's car firm Tesla has said it bought about $1.5bn (£1.1bn) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in future. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. Bitcoin nears $50,000. As The Bitcoin Price Blasts Through $60,000, Tesla Billionaire Elon Musk Is More Concerned With ‘Joke’ Bitcoin Rival Dogecoin Elon Musk, the … This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. ELN Price ... By continuing to use Live Coin Watch you agree to our cookies policy. The gif Musk tweeted, featuring the breed of dog that is the "face" of Dogecoin. Elon Musk Says Bitcoin Prices ‘Seem High’ After Record Week By . Expert warns every 'bubble has to burst', Dogecoin: Analyst warns 'get out in time or be left short-changed', Dogecoin price: Elon Musk and other celebrities are driving interest in DOGE, Dogecoin price: Celebrities have been endorsing the virtual token, Tax code 1257L is issued by HMRC after Personal Allowance rise, Dogecoin price: Elon Musk has been frequently tweeting about the crypto token, Dogecoin price: The crypto token was created in 2013 as a joke, Bitcoin hits all-time high: Cryptocurrency explodes over $62,000. Meanwhile, filecoin (FIL) has been duking it out with litecoin (LTC) in recent times. The token's creators, software engineers Billy Markus and Jackson Palmerin, had no idea at the time just how popular DOGE would become. Bitcoin USD. Elon Musk says he now wants major holders of the meme-based digital currency Dogecoin to sell most of their coins just five days after revealing he had bought some of … Symbol Last Price Change % Change; BLOCK-USD. Its price has risen 1,250 per cent since the beginning of the year and it now has a market capitalisation of almost $10 billion. Home of the Daily and Sunday Express. FIL is trading for $205 per coin and jumped over 12% on Wednesday. Express. Benson Toti. Jackson Palmer, an Australian marketer, made a joke about combining cryptocurrency and the Doge meme in 2013, but that joke has taken on a life of its own: its market cap is now over $17 billion. “If major Dogecoin holders sell most of their coins, it will get my full support. READ MORE: Bitcoin price latest - New 2021 target price of '$220,000' per coin. After his most recent Dogecoin tweet, criticizing the centralization of tokens, DOGE took a 20 percent price hit. Within seven hours the price had plummeted 23%, from $0.063 to $0.048. Binance Coin Price; ... Dogecoin spikes 37% after Elon Musk tweet. Mr Kamerman told Express.co.uk: "Cryptocurrencies are here to stay but I do not think they will 'overtake' a fiat currency. That dog is the subject of an internet meme of a Shibe with an “inner monologue” featuring phrases like "so scare," "much noble," and "wow.". Tesla CEO and professional memer Elon Musk disclosed on Twitter today that he has bought Dogecoin for his zero-year-old baby, X Æ A-12.The tweet pumped the price of the meme coin. Accept. Joe Skipper/Reuters. DOGE's recent movements might also be linked to the overall crypto market. Analysis. The following month he was joined by Gene Simmons and Snoop Dogg which announced they made purchases of the currency as well which is why Elon Musk urges Coinbase to list the coin already. As of April 5, RatCoin is valued at $0.00967719—a 22,090.3 percent increase. order back issues and use the historic Daily Express Snoop Dogg has joined Tesla CEO Elon Musk and KISS bassist Gene Simmons in pumping the price … If major Dogecoin holders sell most of their coins, it will get my full support. Blocknet USD. "Anything Musk tweets about shoots higher because he has such a strong following both on social media and as a businessman," Neil Wilson, chief market analyst at Markets.com, told Yahoo! In January, Musk noted that his posts about Dogecoin are "just meant to be jokes". Musk tweeted quite a bit about Dogecoin in February, posting comments like, “Dogecoin is the people’s crypto," "No need to be a gigachad to own,” and, “No highs, no lows, only Doge.". Dogecoin’s value against the US dollar has jumped nearly 37% and is now trading 65% higher than its price a week ago. In terms of market figures, on Thursday, Dogecoin crossed $17 billion (roughly Rs. This price decrease coincided with a marketwide slump for cryptocurrencies. 1,27,680 crores), according to Coin Market Cap). The price of the meme cryptocurrency Dogecoin rose by around 20 percent on Sunday after a cryptic tweet by SpaceX CEO Elon Musk.. Users of the token, which was started as a … DOGECOIN, a cryptocurrency essentially based on a meme, surged in price today and got a boost from Tesla CEO Elon Musk when the tech founder tweeted a gif of the dog featured in the meme. Musk Barks Up Dogecoin Whales. In February, his tweet sent the price of dogecoin up by 25% in minutes. Related Quotes. Why is dogecoin going up? FIL’s market cap is around $11.9 billion and filecoin has jumped a massive 151% during the last seven days. Snoop Dogg’s tweet came less than half an hour before a brief surge in DOGE’s price. DOGE is trading for £0.190140 ($0.261746) per token per token according to the latest Coindesk data at 7.16am BST on April 16. 81.745 B. To inquire about a licence to reproduce material, visit our Syndication site. Commenting is currently disabled on this article. View our online Press Pack. The coin was up 21 percent in 24 hours on Wednesday morning, at $0.057252, with total gains for the year of more than 890 percent. Bitcoin and ethereum, the two flagship tokens of the digital world, have been feeling the bull rush as well. For other inquiries, Contact Us. This isn't the first time Musk has tweeted about the token currency. Dogecoin was born in 2013 as an online joke of sorts, created around the popular meme featuring a Shiba Inu dog. To put dogecoin's recent performance into perspective, just two years ago, the token was being sold for around £0.0014 ($0.0019). Of course, as with any cryptocurrency, there is no guarantee dogecoin is going to continue on this upwards trend. Elon Musk is no longer the world’s richest person after Tesla Inc. shares slid 8.6% on Monday, wiping $15.2 billion from his net worth. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. market cap. Track current Elon Mars prices in real-time with historical ELN USD charts, liquidity, and volume. You can unsubscribe at any time. Musk, 49, tweeted a gif of a Shiba Inu dog — the “face” of the cryptocurrency — early this morning, causing its value to spike further. RatCoin's value probably won't make substantial moves until the full supply of 9 billion coins is reserved. But this does not necessarily mean crypto is here to replace our traditional finance institutions, even if Mr Musk has vowed to put DOGE on the Moon. Dogecoin price aims for new highs as Elon Musk says he will pay actual dollars to help it. The whales should take the deal. "People will literally invest in him and his ideas, and don’t care what the fundamentals are.". Dogecoin price: Elon Musk's DOGE tweets worry crypto analysts 'Going to lose money' Sebastian Kettley. READ MORE: Bitcoin hits all-time high: Cryptocurrency explodes over $62,000. Bitcoin price at an all-time high in 2021 Bitcoin, the big champion among the different cryptocurrencies, went into 2020 with a value of $7,000 to $7,500. Back in January, DOGE was valued at $0.0078 and this increased almost tenfold to $0.047 so a sharp correction ensued when the coin dropped to $0.047 which is a sixfold increase from the initial position. The currency has gone up more than 2,000 percent from the start of the year, and more than 85 percent in the last 24 hours. Following that flurry of tweets, the price of Dogecoin surged more than 50 percent. “Yup,” Elon Musk wrote in reply. Make the most of your money by signing up to our newsletter for. The billionaire entrepreneur tweeted today, “b ought some Dogecoin for lil X, so he can be a toddler hodler.” News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Conversations needed on cross-border vaccine sharing – Arlene Foster. 205 per coin and jumped over 12 % on Wednesday on Twitter requesting! The Tesla founder thinks that too much concentration among top holders is issue! 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