Tesla (NASDAQ:TSLA) CEO, Elon Musk, has tweeted about his favorite crypto Dogecoin (DOGE). In the tweet, he said that DOGE is barking at the moon. Following this trending tweet, the price of DOGE immediately spiked.
Over the years, Elon has been a serious fan of DOGE. However, in this tweet, Elon displayed an image of the moon, a very long ladder, and a dog barking at the moon.
DOGE Reacts Positively to Elon’s Trending Tweet
Elon’s latest tweet has currently sent many DOGE investors on an active trading spree with the crypto. According to CoinGecko, the price of DOGE is at $0.13, at the time of writing.
In particular, over the last 24 hours, the crypto token experienced a massive price surge. More so, the price moved beyond $0.1 resistance. Therefore, the cryptocurrency shortly ranked among the top 10 digital currencies in terms of market cap.
Furthermore, as expected, the tweet gained thousands of reactions and is still counting. Notably, this is a tweet that Dogecoin enthusiasts have been longing for.
This article was first published on coinquora.com
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