New Baby Doge Appreciates By 90% After Elon Musks Tweets

Elon Musk resumed tweeting about cryptocurrency after a brief stint away from Twitter. He reminded us about his humorous side with a new set of intriguing posts. Although his post contained “Doge” the price and value of the cryptocurrency did not rise. It seems though that the Billionaire had Dogecoin’s baby in mind while tweeting.

- Advertisement -

Aside from his influence on Bitcoin, Teslas CEO has shown support for Dogecoin for months. this has also propelled the Shiba Inu another meme-inspired cryptocurrency with an all-time high of 0.75 cents. Dogecoin is presently one of the largest digital assets in the crypto space. the market correction, and perhaps the declining interest towards that new craze, caused severe disruption for the value of Dogecoin.

Some desperate investors who followed Elon Musk blindly and other prominent names started begging the Billionaire to engage with Dogecoin on social media as his previous comments have resulted in immediate price increases. Tesla’s CEO kept a low profile for a while but he is back again with new posts. Although the word Doge was present in the series of tweets the meme coin did not respond.

Instead, another cryptocurrency Baby DogeCoin was the crypto that benefitted from the tweet. Baby Doge was described as a token that has learned a few tricks from his meme father Doge. The acclaimed world best community coin has seen the light of the day because of fans and members of Dogecoin. Doge has also inspired many other copycats.

The price of Baby Doge spiked by almost 90% after the second tweet by Elon Musk and at the time of gathering this report, it is currently at 0.0001943, which is a weekly increase of 700%. Furthermore, Baby Doge is 5% away from breaking an all-time high that was marked on June 24th.

Previous Articles:

- Advertisement -

Latest News

Fannie Mae, Freddie Mac Now Accept Crypto Assets for Mortgages

Fannie Mae and Freddie Mac will now recognize Bitcoin and other cryptocurrencies as reserves...

AI-Powered Blockchain Activity Soars 86%, Nears Gaming Market Share

Blockchain-based Artificial Intelligence activity has grown by 86% since the beginning of 2025, according...

Maine Attorney General Recovers Thousands in Crypto Scam Case

The Maine Attorney General's Office has recovered thousands of dollars for a victim of...

Coinbase Shares Hit Highest Level Since 2021 Nasdaq Debut

Coinbase stock reached its highest price since its 2021 listing, nearly returning to debut...

BPX Gains FCA Nod to Trade Tokenized Securities in the UK

BPX, a startup focused on trading tokenized securities, received several authorizations from the UK’s...

Must Read

Top 5 Testing Tools For Blockchain Applications in 2022

Blockchain apps have been adopted popularly by some prominent industries due to its being a decentralized-designed technology. Furthermore, these apps eliminate the risks that...