Elon Musk moons Dogecoin, calls it the 'people's crypto'

Tesla Motors and SpaceX boss Elon Musk tweets about Dogecoin, sending the cryptocurrency price skyrocketing to the moon.

Anthony Garreffa

Gaming Editor

Published Feb 4, 2021 2:22 AM CST
Updated Mar 10, 2021 9:11 PM CST

30-second read time

Elon Musk has just single-handedly sent the price of cryptocurrency Dogecoin to the moon with a bunch of tweets, sending the price of Dogecoin through the roof. His tweets kicked off a Dogecoin rocket, with the price skyrocketing from $0.05 to just under $0.058 within minutes and I'm sure the party is only just starting for Dogecoin.

45 minutes Musk started with this simple picture of a rocket, flying in front of the moon.

Then he simply said "doge" a few minutes later.

But it was the beautiful picture he shared of his face over Rafiki from The Lion King, while holding up the young Simba -- but with the Dogecoin face over it. This was enough to skyrocket the price of Dogecoin.

Elon Musk moons Dogecoin, calls it the 'people's crypto' 04

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Anthony Garreffa

Gaming Editor

Anthony joined TweakTown in 2010 and has since reviewed 100s of tech products. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.