Tesla, SpaceX CEO Elon Musk, who has wet memes for breakfast and AI for dinner, had half a century on Monday. The tech billionaire ranks high in the roster of the richest people in the world and has become a staple of the microblogging site Twitter where users follow him for his passion for bizarre memes, rocket launches, blueprints and plans. exploration of Mars and everything in between. But perhaps it was his constant push for cryptocurrencies that earned him the unanimous label of the “Musk Effect” – in which a single tweet from him causes the markets to surge or collapse. Such is his impact, netizens recently wished Musk on Father’s Day, calling him the “Dogefather” of the crypto world.
On Monday, internet users tended to “Dogefather” on Twitter again, this time to wish him a happy 50th birthday with the memes.
Dogecoin started out as a joke. In 2021, however, the joke seemed to have turned on those who didn’t take cryptocurrency itself seriously. Cryptocurrency meme Elon Musk kept tweeting about hitting an all-time high in mid-April, breaking 10 cents for the first time. The market cap of DogeCoin – literally classified as “a coin” – is currently $ 33,201,531,171. In early January, each token was worth less than a cent.
Currently, the price of Dogecoin is $ 0.2536. Its rise can be largely attributed to Tesla CEO and SpaceX boss Musk, who, with a strange agenda, rallied support for the cryptocurrency.
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