Elon Musk cryptocurrency Dogecoin price record another high for dogecoin as the meme cryptocurrency which started as a joke is currently as its highest ever-value yet. At the time of writing this article, Dogecoin’s 24-hour window on Coinbase shows a 112.89% growth, with the value of the cryptocurrency currently at $0.29, almost 30 cents.
Elon Musk Cryptocurrency Dogecoin Price Updates
Just two days after the cryptocurrency recorded the milestone of reaching 10 cents on April 14. The meme-cryptocurrency Elon Musk wouldn’t stop tweeting about has reached an all-time high, and the wave doesn’t seem like it’s dipping down anytime soon.
Elon musk cryptocurrency dogecoin price is the highest-ever for the cryptocurrency, and the result of a semi-ironic movement that’s involved thousands of buyers, tens of thousands of online posters and the world’s richest man, Elon Musk.
In early January, each token was worth less than one cent. In late January, when both the GameStop and DogeCoin movements hit their stride, the value of DogeCoin shot up to 7.5 cents, well over a 10-magnification, before sliding down to 2.5 cents. The coin has spent the past few months in the three-to-seven-cent range.
Elon Musk’s tweets on Thursday may also be the reason: Musk turned the already increase in prices of Dogecoin by posting a painting, captioning it – a ‘Doge Barking at the Moon.’ And then the price of the cryptocurrency also jumped, well on its way ‘to the moon.’
The painting is ‘Dog Barking at the Moon’ by painting by Spanish painter and sculptor Joan Miró. It was painted in 1926 in the town of Mont-roig del Camp, Catalonia. The painting was originally in the collection of Albert Eugene Gallatin before being bequeathed to the Philadelphia Museum of Art in 1952, where it is currently located at present.