Economy

Tesla Motors (TSLA) – Elon Musk’s Dogemania Weekend: Calls on Coinbase to support Dogecoin and sends out wrong crypto to spike again

Elon Musk's Weekend Dogemania: Calls On Coinbase To Support Dogecoin And Sends Wrong Crypto Soaring Again

Tesla Corporation (NASDAQ: TSLA) CEO Elon Musk has supported enabling Coinbase Dogecoin (CRYPTO: DOGE) on its weekend trading platform.

what happened: The entrepreneur’s support came in the form of a response to a question asked by the Twitter user.

Tesla $ 1.5 billion Bitcoin (NASDAQ: BTC) It was a buy Facilitated by Coinbase, soon to be public, According to mass.

BTC is trading 1.2% down at $ 60,266.12 at the time of writing. The major cryptocurrency reached an all-time high of $ 61,683.86 on March 13th.

why does it matter: Musk released a series of tweets about DOGE this weekend. The Tesla CEO revealed that he was planning to acquire a Shiba Inu dog, a breed native to Japan and the cryptocurrency mascot meme.

While DOGE’s price crossed $ 0.06 over the weekend, Musk’s tweets seem to have led to an almost 300% increase in price. Shiba Inu Code (CRYPTO: SHIB).

See also: Elon Musk inadvertently sends a cryptocurrency “ Marscoin ”, up 1,800% with a tweet

DOGE share is trading down 1.45% at $ 0.59 at the time of writing. SHIB shares were trading up 286.45% to $ 0.0000000823.

Musk made other references to DOGE – which was apparently referring to the 1975 film “Dog Day Af Afternoon” based on a bank robbery.

Noon Doge Day Origin:
The ancient Romans sacrificed Dogecoin in the early days of the Doge to calm Sirius’ anger, believing the star was the cause of the hot and harsh weather.

Frequent musk Tweets on Dogecoin Some in the cryptocurrency community are concerned Those who believe they are causing massive damage to the industry.

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Read Benzinga exclusive next: Dogecoin creator says what sets meme cipher apart from “ thousands of failed coins ” is a meme

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