Dogecoin jumps over 4% after Musk tweet

Saturday, 06. March 2021 07:48

Digital currency Dogecoin jumped over 4% after Tesla CEO Elon Musk tweeted about it.

Musk wrote that "Doge spelled backwards is Egod," causing a surge in the cryptocurrency. In February, the billionaire caused Dogecoin to skyrocket just by tweeting the word Doge.

Dogecoin climbed 4.23% to $0.051624 at 1:49 am ET. The digital currency has soared more than 1,000% since the start of the year.

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Breaking the News / NP