Billionaire Elon Musk Sends Dogecoin (DOGE) Surging As Whales Gobble Up Dog-Themed Crypto Assets

Business tycoon and Tesla CEO Elon Musk has tweeted again about the memetic crypto asset Dogecoin (DOGE), raising prices.

billionaire To tell His 71 million Twitter subscribers say that fast-food giant McDonald’s will consume Happy Meal on TV when it accepts DOGE as a payment for its products.

“Once McDonald’s accepts Dogecoin, we’ll have a happy set on TV.”

The tweet sent Dogecoin to the rally with a 20% increase from a seven-day low of $0.126 to a peak of $0.151. The original memecoin has since been stabilized and is trading at $0.142.

Golden Arch is joking answer The cryptocurrency whale running on the Binance Smart Chain (BSC), which challenges Ethereum, has expressed indifference, took action, and is rapidly expanding its dog-themed digital assets.

According to the whale research bot WhaleStats, BCS’s well-financed investors are accumulating DOGE and its competitors’ super-deflationary token, Baby Doge Coin (BABYDOGE), at a record pace.

Whale Stats find The world’s top 1,000 BinanceCoin (BNB) wallets are staggering, with a total of 325 million DOGEs worth about $48 million. 937 trillion BABYDOGE, worth about $ 4 million at the time of writing.

The whale watching platform also found that dog-themed meme tokens set a new record for the number of people who have held Binance SmartChain for many years. The data show that while BABYDOGE has reached 1.3 million, it currently has over 470,000 long-term DOGE holders.

Baby Doge Coin has been redeemed for $0.0000000042 at the time of writing. This is a 29.5% decrease from the 7-day high of $0.0000000059.

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Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors need to do due diligence before making risky investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfer and transaction is your own responsibility and any loss you may incur is your responsibility. Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets. Also, Daily Hodl is not an investment adviser. Please note that The Daily Hodl participates in affiliate marketing.

Featured images: Shutterstock / AnnstasAg / MrArtHit

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