Elon Musk Said He’s Getting A Dogecoin Dog, But This Cryptocurrency Surged Instead

Elon Musk has proven that he’s a robust supporter of Dogecoin, a lot in order that the Tesla CEO is now planning on getting the cryptocurrency’s mascot as a pet.

Dogecoin, created in 2013, rose to fame resulting from its image, an web meme of a Shiba Inu canine. Musk mentioned over the weekend that he plans to get the Japanese canine breed as a pet.

Musk made the proclamation in a tweet on March 13, merely saying he was getting a Shiba Inu and hashtagging the publish “#resistanceisfutile.”

I’m getting a Shiba Inu #resistanceisfutile

— Elon Musk (@elonmusk) March 14, 2021

Whereas Musk’s tweets have been identified to ship Dogecoin hovering in latest weeks, this tweet had a special impact on cryptocurrency. The value of Shiba Inu token was up practically 300% as an alternative of Dogecoin, Benzinga reported.

Dogecoin surpassed $0.06 over the weekend, in accordance with the information outlet.

As of early Monday morning, Shiba Inu was priced at $0.00000008, up over 30%, whereas Dogecoin was buying and selling at $0.05674, in accordance with CoinMarketCap.

This was not the one Dogecoin tweet that Musk revamped the weekend. The automotive entrepreneur mentioned on March 13 that it was a “Doge day afternoon,” which he defined was an historic Roman sacrifice of Dogecoins.

Origin of Doge Day Afternoon:
The traditional Romans sacrificed a Dogecoin firstly of the Doge Days to appease the fad of Sirius, believing that the star was the reason for the new, sultry climate.

— Elon Musk (@elonmusk) March 13, 2021

Musk additionally tweeted about being “dogematic” in what could also be one other reference to Dogecoin.

Why are you so dogematic, they ask

— Elon Musk (@elonmusk) March 13, 2021

Whereas it’s unclear if Musk is actually bringing house a Shiba Inu as a pet, he’s an animal fan. He beforehand mentioned that he has “a giant canine known as Gatsby, somewhat canine known as Marvin the Martian and a cat named Schrödinger.”

We’ve a giant canine known as Gatsby, somewhat canine known as Marvin the Martian & a cat named Schrödinger

— Elon Musk (@elonmusk) April 29, 2019

Japanese Shiba Inu canine, the official mascot of the web meme-centric cryptocurrency Dogecoin. Picture: Matt Cardy/Getty