{"id":172439,"date":"2021-02-04T20:36:45","date_gmt":"2021-02-04T17:36:45","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/elon-musk-gets-back-on-twitter-sends-dogecoin-soaring\/"},"modified":"2021-02-04T20:36:45","modified_gmt":"2021-02-04T17:36:45","slug":"elon-musk-gets-back-on-twitter-sends-dogecoin-soaring","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/elon-musk-gets-back-on-twitter-sends-dogecoin-soaring\/","title":{"rendered":"#Elon Musk gets back on Twitter, sends Dogecoin soaring"},"content":{"rendered":"

“#Elon Musk gets back on Twitter<\/a>, sends Dogecoin soaring<\/strong>”<\/p>\n

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Elon Musk broke his very brief Twitter fast Thursday with a series<\/a> of early-morning tweets that drove up the price of a cryptocurrency that was created as a joke.<\/p>\n

The meme-inspired Dogecoin spiked<\/a> around 3:30 a.m. after the billionaire Tesla boss fired off a string of lighthearted posts touting it. It was recently trading up about 41 percent at roughly 4.6 cents apiece after climbing to nearly 6 cents overnight, according to CoinDesk<\/a>.<\/p>\n

After sharing videos of a SpaceX rocket launch, Musk app<\/a>eared to poke fun at his ability to singlehandedly move the price of Dogecoin, which is named for an internet meme featuring a shiba inu dog.<\/p>\n

One of Musk\u2019s tweets featured an image<\/a> with his face photoshopped onto Rafiki from \u201cThe Lion King\u201d lifting up a baby Simba with a \u201cdoge\u201d face.<\/p>\n

\u201cur welcome,\u201d Musk wrote in the post, which he made just two days after announcing he would be off Twitter for an undetermined period.<\/p>\n

\u201cOff Twitter for a while,\u201d Musk tweeted Tuesday<\/a> following a spate of market-moving tweets that affected not just the price of Bitcoin and Etsy, but also medical device company Signal Advance\u00a0even though his tweet appeared to refer to the Signal messaging app, not the similarly named medical company.<\/p>\n

Musk also helped pump up Dogecoin last week by\u00a0tweeting a fake magazine cover<\/a>\u00a0for \u201cDogue,\u201d a dog-themed sendup of Vogue. A cryptocurrency-focused Reddit forum took that as a signal that Musk supported their efforts to drive up the coin\u2019s price.<\/p>\n

\"Elon
Elon Musk helped pump up Dogecoin last week by tweeting a fake magazine cover.<\/figcaption>
Yuriko Nakao\/Getty Images<\/span><\/figcaption><\/figure>\n

While some crypto traders appear to take him seriously, Musk reportedly said this week that his Dogecoin posts are \u201creally just meant to be jokes.\u201d<\/p>\n

\u201cArguably the most entertaining outcome and the most ironic outcome would be dogecoin becomes the currency of earth in the future,\u201d Musk said on the audio-chat app Clubhouse, according to Newsweek<\/a>.\n <\/div>\n