The Twitter-based DOGE show culminated in a Lion King-inspired meme photo of Musk holding up Simmons who is shown holding up Snoop Dogg, who in turn is holding up a Shiba Ina.
The price of meme cryptocurrency dogecoin (DOGE) soared more than 36% Sunday after American rapper Snoop Dogg a day earlier joined DOGE booster-in-chief Elon Musk and Kiss rock star Gene Simmons in tweeting a meme of a Shiba Inu, the dog breed that represents the DOGE token.
The price of the cryptocurrency started trading around $0.56 at the beginning of the day and rose as high as $0.069 Sunday morning, before settling back to $0.068, up more than 34% in the last 24 hours, a DOGE’s whisker from the all-time high of $0.078. Year to date DOGE is up more than 1,100%.
@elonmusk pic.twitter.com/KElwKghpei
— Snoop Dogg (@SnoopDogg) February 6, 2021
CEO, tweeted a Lion King-inspired picture of himself holding up Simmons holding up Snoop Dogg who in turn is holding up a Shiba Inu.
So … it’s finally come to this … pic.twitter.com/Gf0Rg2QOaF
— Elon Musk (@elonmusk) February 7, 2021
read more https://www.coindesk.com/dogecoin-rises-more-than-36-after-snoop-dogg-becomes-snoop-doge