Dogecoin Elon Musk Future. Whether doge rose as a result of musk's tweet cannot be certain. As the bitcoin price blasts through $60,000, tesla billionaire elon musk is more concerned with 'joke' bitcoin rival dogecoin. Dogecoin, a cryptocurrency which started off as a joke, has jumped in value by 50% after inventor elon musk dubbed it the people's crypto. Cryptocurrencies such as dogecoin and bitcoin are generated by computers. Learn why this caused it to increase in value by a whopping 25%. The last time the businessman alluded to the doge was in july 2020, when he said that he envisions a standard future for dogecoin and at that time it was up. Elon musk's tweets keep sending the coin higher, even after he cautioned that his dogecoin tweets are meant to be jokes. Dogecoin rallied 37% in 24 hours to a record high of $0.084945 on monday, according to data from coinmarketcap. Elon musk is the world's wealthiest person.Musk is outspoken, controversial, and considered by many.
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