Matthew McCreary
Matthew McCreary
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How a Series of Elon Musk Tweets Helped Lead Investors to Dogecoin, a Meme-Inspired Cryptocurrency Worth 4 Cents

How a Series of Elon Musk Tweets Helped Lead Investors to Dogecoin, a Meme-Inspired Cryptocurrency Worth 4 Cents

Subscribe to Entrepreneur for $5Signing out of account, Standby...Dogecoin is a Shiba Inu-themed digital coin that became the latest obsession for Redditors and online investors.ByFebruary1, 2021"One word: Doge."In December of 2020, , alluding to the Shiba Inu-themed digital coin, which started as a joke and which, as of closing on the day of Musk's tweet, was worth all of 0.4569 cents. It wasn't even the first time Musk had tweeted about . In July, he tweeted this photo:It's inevitable — Elon Musk (@elonmusk) Despite support from one of the biggest business names in the world, . That...

February 1, 2021
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