It is not easy for anyone to trust a mime currency at the moment because before this many people scolded Musk for his bitcoin and Dogecoin. In such a situation, how much people like Baby Doge in the coming time, only time will tell.
Baby Doge
If you thought Dogecoin was a joke, then now a new cryptocurrency has come in the market named Baby Doge. Doge was a meme that was turned into cryptocurrency, while now crypto has been introduced in its child form. This was disclosed by Tesla Chief Elon Musk himself. The Tesla chief tweeted about Dogecoin spinoff baby Doge on Thursday, and the cryptocurrency doubled in value shortly thereafter. Musk then used the lyrics for the song Baby Shark.
Musk tweeted that, Baby Doge, doo, doo, doo, doo. Let us tell you that Baby Shark is a video of a child’s song on YouTube, which has been seen by most people so far. After this, Musk also ran #babydoge on Twitter, which immediately started trading. As soon as Musk tweeted about Baby Doge, its price increased by 98 percent.
Baby Doge, doo, doo, doo, doo, doo,
Baby Doge, doo, doo, doo, doo, doo,
Baby Doge, doo, doo, doo, doo, doo,
Baby Doge— Elon Musk (@elonmusk) July 1, 2021
Let us tell you that it is not easy for anyone to trust a mime currency at the moment because before this many people had rubbished Musk about his bitcoin and Dogecoin. In such a situation, this is such an investment in which hardly anyone will take much interest at the moment. Elon Musk is a big believer in cryptocurrencies. He has helped propel the crypto market with his tweets about Bitcoin and Dogecoin. For the first half of 2021, both the coins were on the upside. These cryptocurrencies gave massive returns before several dips.
Let us tell you that there have been many times when the price of crypto was registered due to Musk’s tweet. At the same time, it was being said earlier that Tesla can now be bought with bitcoin, but later when it was not agreed to, the crypto market fell badly in mid-May.
Dogecoin has declined in recent days and has been a cause of concern for investors. The Mime cryptocurrency was created by software engineers Billy Marcus and Jackson Palmer in 2013.
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