![]() ![]() Similarly to how WallStreetBets members had tried to affect the value of Wall Street stocks, Dogecoin supporters tried and failed to force the coin's value up to $1. The coin made headlines recently partly thanks to support from the subreddits r/dogecoin and r/ SatoshiStreetBets, the latter a copycat of the upstart amateur investors subreddit r/WallStreetBets. ![]() The tweets marked the latest chapter in the tongue-in-cheek relationship between the cryptocurrency that was created as a joke based on Litecoin in 2013, and came amid an eventful few days for Dogecoin. Musk also deleted his Twitter bio, after he changed it to "#bitcoin" a week ago. Seemingly acknowledging the absurd nature of his tweets, Musk wrote "Low-key Loki." The Norse god is known as a prankster. One tweet read "Sandstorm is a masterpiece," an apparent reference to the 2000 dance track by Darude. ![]() Musk broke his silence with a tweet about the launch of SpaceX's Falcon 9 rocket, explaining it was a "tough one" due to "high seas & wind," before sending 12 tweets on Dogecoin and other topics. His tweeting spree came after the billionaire engineer and tech entrepreneur announced on Tuesday he would be " off Twitter for a while." Musk did not say why he was taking a break from the social media platform where he has 45.1 million followers. Robinhood, Reddit App Downloads Surge as Investors Take on Wall StreetĪccording to CoinDesk, the value of Dogecoin spiked by 43 percent following Musk's tweets, from $0.041 to $0.059.Elon Musk Says Dogecoin Tweets Are Jokes, He Is a 'Supporter' of Bitcoin.Elon Musk Announces He Will Be 'Off Twitter for a While'. ![]()
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