Musk does it again: tweets about Dogecoin and cryptocurrency rises 270%

Elon Musk loves Twitter

.

Almost as much as Donald Trump.

The founder of Tesla, who in January temporarily became the richest person in the world and whose current assets are estimated at 184,000 million dollars, also has an anti-establishment soul that has led him to use the aforementioned social network to " to heat up "Tesla shares (in fact, he had to resign as president of the company) and now to encourage buying some cryptocurrencies, such as Dogecoin or Bitcoin.

The mogul announced Tuesday that he was leaving Twitter "for a while."

That time has turned out to be short.

48 hours after his "scare",

Musk has used his account to tweet about Dogecoin

.

Always on the verge of a joke.

Specifically, he tweeted "No highs, no lows, only Doge."

A veiled reference to this asset. 

No highs, no lows, only Doge

- Elon Musk (@elonmusk) February 4, 2021

Musk's followers were quick to get the message and

the valuation of the cryptocurrency Dogecoin has soared 270%

.

This currency also started as a joke.

It is a derivation of the cryptocurrency Litecoin.

When the Shiba Inu dog internet meme became popular, they decided to adopt this name (the word dog, in English,

dog

, but misspelled) to give this asset notoriety.

The price of Dogecoin has gone from $ 0.007 on Tuesday to $ 0.043 on Friday.

Only today, the rise has been higher than 273%.

It was not the only tweet that Musk wrote this morning.

He has also made fun of his supposed status as a "destroyer" of investment funds that bet on the bankruptcy of companies.

The owner of Tesla thus referred to his role in the so-called "

Gamestop revolt

."

At the beginning of this week, the shares of the video game store company soared to reach $ 400, after a group of foreros organized through the social network Reddit, decided to stand up to

hedge funds

 that had taken positions bearish on their stocks.

Gamestonk !!

https://t.co/RZtkDzAewJ

- Elon Musk (@elonmusk) January 26, 2021

The massive purchase of titles and derivatives on Gamestop soared its price and caused huge losses to Wall Street investors.

Elon Musk encouraged shopping with some of his tweets.

He also encouraged the purchase of Bitcoin, the most popular cryptocurrency, by changing his Twitter status, putting the symbol of it.