The show is not staying only in the shares of GameStop, today the turn is of the crypto meme DOGE or Dogecoin, who has jumped 313% in the last 24 hours after someone calling himself the “president” of Wall Street Bets will ask: Has Doge ever been on a dollar?
With a Twitter profile that has almost doubled its number of followers in the last few hours, the WSB Chairman has generated a very important reach and impact with just this question.
From his own profile he clarifies that he is not associated with the Reddit group that has managed to shake up all of Wall Street, after causing millionaire figures to large funds.
The question asked through a tweet was published early today, and at the time of writing it has accumulated more than 7,000 retweets and 30,000 likes.
This is how the price of DOGE reacted due to the influence of the “chairman” of Wall Street Bets
Just minutes after the question was asked, the price of DOGE shot up to 85%. As the hours passed, the snowball continued to grow. Now we can see how in less than 2 days the crypto meme generated a yield of up to 847.20%.
While this publication is being written the price has been falling, thus trading at $ 0.04385. This happens after having recently marked an all-time high at $ 0.073.
It is not the first time that it happens
There are few cryptocurrencies more volatile than Dogecoin. It was born from a meme and thus continues to be considered in the ecosystem, so no occasion is wasted to inflate the price thanks to controversies on social networks.
This same year, on January 4, a porn actress published a tweet that she used this crypto, which caused an exaggerated rise in a matter of hours.
In July 2020 after a viral challenge on TikTok, DOGE also went on a surprising rise
We cannot fail to name the most influential so far in the price of this crypto, Elon Musk.
The CEO of Tesla has repeatedly commented on this cryptocurrency in his tweets, causing insane price explosions.
You may have to be vigilant if Musk tweets about what is currently happening, as the rise would be even more surprising.
It is clear that not only from Wall Street Bets do they have the power to move Dogecoin, but certainly at the current moment they can do great things with the price of this crypto. If this could be done by a self-proclaimed president, don’t even think about what might happen in case things get more serious.