Dogecoin was launched in 2013 and was designed to be a fun, casual crypto-currency.
While some investors are concerned about the volatility of Dogecoin's price, others believe that the hype caused by Elon Musk can lead to a sustainable rise in the crypto-currency's value.
Finally, analysts expect Dogecoin to become a more serious crypto-currency and be used for regular transactions. If this happens, it could become a major force in the crypto-currency market.
Today, entrepreneur and innovator Elon Musk made an announcement that went viral :
He talks about dogecoin in his own tweets and yesterday he replaced the twitter logo with the dogecoin one.
which caused a price increase on the markets
Elon musk has been accused of driving up the price of dogecoin and thus manipulating the market.
He started by tweeting the reasons for his gesture here in a fun way. He explains that he wanted to keep his promise to change the Twitter logo with the dogecoin logo when he will be the boss of Twitter. Today Elon Musk is the Boss of Twitter.
$NFTL Vision :
We think Elon Musk could clear himself of this accusation of driving up the price of dogecoin because he wants to add a utility to dogecoin on the twitter platform, so he won't be accused of talking about dogecoin for nothing.
We think this day is important and could revive the crypto market by the "MEMES COIN".
So we minted an NFT for this occasion and so we engrave in the blockchain this moment of the history of the memes corner.
Thanks to NFTL project your wallet can become a real library of events from our current history. You can also find on ETH our NFT on the day of eth's passage in proof of stake.