To the Moon?, really? The tweet that boosted Dogecoin by 35%.

in GEMS4 years ago
Just in time for April Fool's Day, Musk promised to "put a Dogecoin on the literal moon," but for hodlers, the resulting gains were anything but a joke.

It may be an April Fool's joke, but when it comes to the meme-based Dogecoin (DOGE) cryptocurrency, it matters little.

IMG_20210403_091057.jpgDOGE/USDT Chart from Poloniex

After a new tweet from Tesla CEO Elon Musk, DOGE soared 35% in minutes on April 1, hitting six-week highs.

However, this time was possibly the most glaring example of the irony surrounding this cryptocurrency, as Musk promised that his other company, SpaceX, would "put a literal Dogecoin on the literal moon."

IMG_20210403_091336.jpgImagen taken by me, Source Twitter.

Immediately, Dogecoin began to rise, peaking at $0.07 before cooling off, but still retaining gains.

Having started 2021 at just $0.004, DOGE's year-to-date gains through Thursday stood at more than 1,500%.