Elon Musk announced the date of the powerful Dogecoin pump
In 2021, the Dogecoin price rose to $ 0.42 and on April 20, coin enthusiasts wanted to take the rate even higher. They called this day “Doge Day”. But it didn’t work out. But, the supporters of Doge have a new hope, as one of the most famous coin holders hinted at a mention of Dogecoin during a popular TV show.
As the experience of recent months has shown, the creator of Tesla and SpaceX, Elon Musk has large influence on the cryptocurrency due to his large following. He often publishes his thoughts about Dogecoin on social networks, resulting the price of the asset to grow. After his post, the rate rose to $ 0.33 and only then stabilized at about $ 0.3.
Musk’s choice to host the show sparked controversy. He is lauded as a green energy champion, head of an electric vehicle company and other related projects, and as a head of the company paving the way for an affordable space transportation of people and goods.
On the other hand, Musk has been criticized for many of his other comments, which often expressed misconceptions, such as in the case of COVID-19 or incorrect treatment of decent people. This is just the tip, and this is why some fear what he might say if given the opportunity to air on a popular TV show.
However, for DOGE holders, who are convinced of the influence of Musk’s words on the price of the coin, this is potentially another opportunity to educate a wide audience about this asset. Doge Day may have been disappointing, but May 8 may still be a celebration on the street for Dogecoin supporters if Musk keeps his word.
Unlock the potential of blockchain, crypto and decentralized technologies with the information available on the media platform Encoiner.com
