Tesla CEO Elon Musk Shares Dogecoin Video — Says It ‘Explains Everything’

Tesla CEO Elon Musk has shared a dogecoin video on Twitter in a dialog about bitcoin mining on April 1. He says, “this video explains all the pieces.”

Elon Musk Shares Dogecoin Video

Tesla and Spacex CEO Elon Musk shared a video concerning the meme cryptocurrency dogecoin (DOGE) on April 1 in reply to a tweet about bitcoin by Brett Winton, Ark Invest’s director of analysis.

In the tweet, Winton quoted a dialog about bitcoin mining the place he appears to be having issue explaining to his mother on April Fools’ Day that bitcoin miners are computer systems. Replying with a meme video titled “Ð is for Ðogecoin” on the identical day, Musk wrote: “Just present her this video explains all the pieces.”

The brief video options the DOGE mascot on a journey to the moon. The shiba inu on a rocket handed bitcoin and different main cryptocurrencies as the value of DOGE soared.

Winton replied to Musk: “A meme too far for her I’m afraid. (On the opposite hand, my 5-year-old is now frantically agitating to arrange a Coinbase account).”

Dogecoin co-creator Billy Markus commented on Musk’s tweet, stating that the meme video is the “greatest cryptocurrency video in historical past.”

Musk shared this explicit video on Twitter earlier than, together with on Feb. 7 final 12 months when he tweeted: “Ð is for Ðogecoin! Instructional video.”

The DOGE group is ecstatic that Musk tweeted about their favourite cryptocurrency once more. They have lengthy known as the Tesla CEO “the Dogefather” and appreciated him sending the value of dogecoin upward along with his tweets.

Dogecoin, the twelfth largest cryptocurrency by market cap, is buying and selling at $0.1431 per coin on the time of writing, based mostly on information from Bitcoin.com Markets. However, Musk’s newest DOGE tweet didn’t transfer the market a lot. The meme coin was hovering round $0.1420 when he tweeted.

Musk confirmed in March that he owns bitcoin, ether, and dogecoin, emphasizing that he won’t promote them. The Tesla boss believes that dogecoin is the individuals’s crypto and DOGE is the best cryptocurrency for transactions. In distinction, he sees bitcoin as a retailer of worth. His electrical automotive firm additionally accepts DOGE for some merchandise.

Below is the video about DOGE shared by Elon Musk.

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