The price of Dogecoin has seen a correction of 15 percent within the last 24 hours. Two weeks ago its prices had seen a significant fall but now it has stabilized. The price of Dogecoin had fallen significantly in India, but between June 1 and June 3, it rose from Rs 23 to Rs 31. Once again Tesla CEO Elon Musk’s tweet may have been the reason for this. His social posts sometimes influence the price of this digital coin and the same thing happened on Wednesday. Musk made a post about his childhood. In this, he also shared a photo in which some old computers and gadgets were shown. He also had a photo of Shiba Inu dog in this photo. Due to this there was again a jump in the price of the coin.
Musk has Tweet Captioned the photo taken – “This is my childhood photo.” And once again people’s faith started increasing on this virtual currency. Dogecoin stocks are up 15 percent within 24 hours of posting. As of writing the news on Thursday, the price of Dogecoin in India was Rs 31.92. It was Rs 4.11 higher than its previous day’s closing, which was Rs 27.81 on Wednesday.
A user noticed Musk’s tweet and found that a chess video game was visible on the computer screen. Seeing this, the user asked, “Who knows the game of chess? What is this combination you see on the board?”
Another user shared a photograph and wrote, “I also have some weird pictures.”
Here’s a look at some of the ticklish reactions to Musk’s tweet-
The Scandinavian is on the board!
– agadmator (@agadmator) June 2, 2021
He was playing chess in the 80’s.
— David Gokhshtein (@davidgokhshtein) June 2, 2021
This is the second time in three days that Musk has tweeted about DodgeCoin and its price has seen a jump. On May 29, a crypto trading app called Blockfolio tweeted, “A hot tub heated by mining Dodgecoin. Elon Musk, I don’t care how to do it”.
A hot tub that’s heated by mining dogecoin. Elon Musk, I don’t care how, just make it happen.
– Blockfolio (@blockfolio) May 29, 2021
Musk wrote in response, “Great idea.” After this tweet by the CEO of Space-X, the price of Dodgecoin rose from Rs 20.84 to Rs 22.41. His comment even got more likes and retweets than Blockfolio suggested. Some took this comment as a sign of a big boom in the cryptocurrency market, while others took it as Musk’s boring company or Tesla’s accepting DodgeCoin as payment.