Elon Musk, Tesla CEO, shared the dogecoin video via Twitter during a discussion about Bitcoin mining. He says, “this video explains everything.”
Elon Musk shares Dogecoin Video
Tesla and Spacex CEO Elon Musk shared a video about the meme cryptocurrency dogecoin (DOGE) on April 1 in reply to a tweet about bitcoin by Brett Winton, Ark Invest’s director of research.
In the tweet, Winton quoted a conversation about bitcoin mining where he seems to be having difficulty explaining to his mom on April Fools’ Day that bitcoin miners are computers. Replying with a meme video titled “Ð is for Ðogecoin” on the same day, Musk wrote: “Just show her this video explains everything.”
This short video shows the DOGE mascot taking a trip to the Moon. With DOGE prices soaring, the rocket carrying the shiba-inu surpassed bitcoin and other major cryptos.
Winton replied to Musk: “A meme too far for her I’m afraid. (On the other hand, my 5-year-old is now frantically agitating to set up a Coinbase account).”
Dogecoin co-creator Billy Markus commented on Musk’s tweet, stating that the meme video is the “best cryptocurrency video in history.”
Musk shared this particular video on Twitter before, including on Feb. 7 last year when he tweeted: “Ð is for Ðogecoin! Instructional video.”
Musk’s tweet about DOGE is an exciting news for the DOGE community. They have long called the Tesla CEO “the Dogefather” and appreciated him sending the price of dogecoin upward with his tweets.
Based on data from Bitcoin.com Markets, Dogecoin is currently trading at $0.1431 per currency. However, Musk’s latest DOGE tweet did not move the market much. At the time Musk’s tweet, it was trading at $0.1420.
Musk stated in March that his bitcoin, ether and dogecoin assets were all his, but that he would not be selling them. The Tesla boss believes that dogecoin is the people’s crypto and DOGE is the best cryptocurrency for transactions. He views bitcoin, however, as an asset that can be stored and used to store value. Some merchandise can also be purchased from his electric car company that accepts DOGE.
Elon Musk shared the following video on DOGE.
What do you think about Elon Musk sharing a dogecoin video that “explains everything”? Please comment below.
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