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Dogecoin surges Elon Musk posts another crypto meme

Posted 03 Jun-2021 08:23 PM by Smith | 581

Cryptocurrency tracker | Dogecoin surges 28% as Elon Musk posts another crypto meme

Emerged in 2013 as a joke coin, cryptocurrency Dogecoin on June 2 surged by 28.66 percent, and was trading at $0.419919, as per to US-based crypto exchange Coinbase at 3:55 pm. With this, its market valve reached to $54.47 billion in 24-hours trading tenure.

The crypto trading exchange shows that Dogecoin 24-hour high record was $0.419919, while its 24-hours low trading was registered at $0.311602.

Elon Musk stirs up nostalgia with his most recent tweet

Earlier on Tuesday, the Nasdaq-listed company has started accepting inbound transfers of dogecoin (DOGE) to Coinbase Pro. œTrading will begin on or after 9 am Pacific Time (PT) Thursday, 3 June, if liquidity conditions are met," the crypto exchange said in a blog post. During an earning call in May, Coinbase CEO Brian Armstrong first announced the exchange would list DOGE.

Meanwhile, Tesla founder Elon Musk on Wednesday posted a meme that bears a resemblance to his childhood.

The tweet reads, "Found this pic of me as a child". The image resembles a PC setup of a software engineer in the 1980s, with the caption reading; "I have to keep my passion hidden from the public or I'll be socially ostracized".

Prior to this meme, Tesla on May 19 had been posted œdiamond hands on the microblogging website after the bitcoin bloodbath. He tried to implied that his firm would not be parting with its $1.5 billion stake in bitcoin.

On May 12, Musk announced that Tesla will no longer allow vehicle purchases using bitcoin due to environmental concerns. He had even suggested a few days ago that Tesla might sell off its stake in bitcoin but backtracked on his statement later.

Meanwhile, here are the trading value of other crypto currencies at 3:50 pm:

Bitcoin: $37,247.30Ethereum: $2,690.97Cardano: $1.78XRP: $1.02Steller: $0.417919Uniswap: $27.78Polkadot: $24.07Bitcoin Cash: $700.10Litecoin: $184.24Tron: $0.076836Cosmos: $14.20Yearn Finance: $45,555.69Bitcoin Gold: $58.30

Source:-https://www.moneycontrol.com/news/business/cryptocurrency/cryptocurrency-tracker-dogecoin-surges-by-28-elon-musk-posts-a-meme-bearing-resemblance-to-his-childhood-6978581.html

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