Tesla CEO Elon Musk continues to tweet about the popular meme cryptocurrency Dogecoin (DOGE).
I will keep supporting Dogecoin
— Elon Musk (@elonmusk) June 19, 2022
Elon Musk announced that he will continue to support Dogecoin by tweeting today. On top of that, a follower said, “Then keep buying Dogecoin.” Musk replied to these words as “I will continue”.
https://twitter.com/elonmusk/status/153840670310014466
What’s the Situation with Dogecoin?
The popular meme cryptocurrency DOGE has slumped over 30% in the past 2 weeks. However, the cryptocurrency managed to gain 4% in the last 1 hour after Musk’s tweet (at the time of writing). According to CoinGecko data, DOGE has risen by 7% in the last 24 hours.
Dogecoin is 92.1% off its ATH from last year.
