- Elon retweeted the DOGE post last year.
- DOGE price has continued to surge in the past 24 hours.
- Dogecoin maintain top ranks in CoinGecko.
Dogecoin (DOGE) is on fire once again after being quiet for quite some time. This aggressive movement of DOGE is because of the tweet posted by Elon Musk. The post is all about the photoshopped version of The Lion King that showed Elon Musk, Gene Simmons and Snoop Dogg raising a dog — Dogecoin. This tweet posted by Elon recently, was first published on Twitter (NYSE:TWTR) last Feb 7, 2021. Indeed, a great tweet anniversary.
The tweet gathered different emotions across the Twitter community, and most of it was all positive comments. It has been retweeted to almost 90K with likes of more than 700k that keep on increasing over time. Hence, we can say that the DOGE army is now awake and on fire more than ever.
In terms of market status, DOGE price continues to surge with a one year growth rate of +110%. The market cap of DOGE amounts to over $22 billion with a trading volume of more than $1.4 billion in the past 24 hours. This aggressive market performance of the crypto made it one of the top fifteen cryptos in CoinGecko.
Aside from the tweet post, Elon also opened Tesla’s doors to DOGE as a mode of payment to some of its merchandise in the company. This news created a craze over the DOGE community. As a result, the price of DOGE pumped.
Meanwhile, Elon’s undying support with DOGE through good times and bad times made him also known as the DOGE father. At the time of writing, DOGE trades a high price of $0.16 per crypto.