Elon Musk Boosted Another Altcoin!

Tesla's CEO Elon Musk has announced that he wants to buy a Shiba Inu from his Twitter account.

Elon Musk, founder of electric car manufacturer Tesla and spacecraft company SpaceX, boosted another altcoin. Musk has announced that he wants to buy a Shiba Inu. After this tweet by Musk, there was an increase in the price of this altcoin project. However, the famous billionaire did not specifically mention an altcoin when posting the tweet in question. However, cryptocurrency users seem to have considered Musk's tweet as a project called Shiba Inu (SHIB). This hunting dog breed originating from Japan, in the joke money first created as "Doge"; Later, it inspired Dogecoin, which turned into the cryptocurrency Musk has promoted for years. Listed on Uniswap (UNI), the decentralized exchange (DEX), Shiba Inu (SHIB) jumped from $ 0.00000002 to $ 0.00000008 with Elon Musk's only tweet from his social media account. In other words, it experienced an increase of 300 percent and the transaction volume reached the level of 25 million dollars.   They're Playing a Word Game Elon Musk is now making posts with Al Pacino, after posting a Lion King-themed humorous post in the first days of February. While talking about the movie "Dog Day Afternoon" starring Al Pacino, Tesla CEO referred to his favorite cryptocurrency by using the expressions "Doge Day Afternoon".   Thinks Dogecoin Should Be Listed On Coinbase Musk recently urged Coinbase to list Dogecoin. A user told the famous billionaire, “Hello Elon Musk, I saw a news that Tesla was using Coinbase to buy Bitcoin. Do you think Coinbase should allow Dogecoin trading on the platform? Many people have easy access to the Doge.” Musk replied "Yes" to that. This time, he stated that Robinhood should ensure that Dogecoin transfers gain an advantage over Coinbase transfers.   Slight Rise in Price of DOGE Dogecoin, which showed a serious rise with the tweets of Elon Musk, which has a decisive influence on cryptocurrencies, has gained 8.1 percent in the last 24 hours. Dogecoin, which has made a sharp gain since late January, is currently trading at the level of $ 0.0608. According to data from CoinGecko, the altcoin has gained 3447 percent on an annual basis.