Elon Musk Reaffirms Support for Dogecoin, Changes Profile Picture — DOGE Trading Volumes Jumped 1,250% in Q2
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Elon Musk Reaffirms Support for Dogecoin, Changes Profile Picture — DOGE Trading Volumes Jumped 1,250% in Q2

THELOGICALINDIAN - Tesla and Spacex CEO Elon Musk has connected to cheep about the meme cryptocurrency dogecoin He has afflicted his contour angel on Twitter to accommodate an angel of the Shiba Inu dog that represents dogecoin He additionally tweeted that his son is hodling his Doge like a champ Meanwhile dogecoins trading volumes soared 1250 in the additional division on the worlds above cryptocurrency exchanges according to abstracts by Coinbase

Elon Musk’s Continued Support for Dogecoin

The Doge association was captivated over the weekend back abounding bodies noticed that Elon Musk, whom they alarm the Dogefather, had afflicted his contour angel on Twitter to one of him cutting sunglasses that accept a Shiba Inu dog in the reflection.

Following his contour account change, the amount of dogecoin got a slight addition but has back collapsed down, address all of its weekend gains. The DOGE amount at the time of autograph is $0.174 based on abstracts from Bitcoin.com Markets.

Prior to Musk afterlight his contour account on Twitter, he tweeted about dogecoin Saturday acknowledging that his babyish son, called “X Æ A-12,” is not affairs his DOGE. Musk wrote:

Musk has ahead said he bought dogecoin for his son “so he can be a toddler hodler.” He additionally adumbrated that he endemic DOGE himself but did not acknowledge how much, tweeting on May 20, “I haven’t & won’t advertise any doge.”

Meanwhile, dogecoin’s trading volumes had added rapidly. According to abstracts aggregate by Coinbase, as appear by the Insider:

Dogecoin’s boilerplate circadian trading aggregate attempt up to $995 actor in the April to June period, from $74 actor a day in the aboriginal quarter.

In comparison, Coinbase’s abstracts shows that ether’s trading volumes rose 53% quarter-on-quarter to an boilerplate of $3.25 billion a day on all-around exchanges. Meanwhile, bitcoin’s circadian volumes fell 14% to $4.01 billion.

What do you anticipate about Elon Musk’s tweets about dogecoin and him alteration his contour picture? Let us apperceive in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons