“Elon Musk will come back to Bitcoin”

He can’t help it: once again the Tesla CEO is pumping the Dogecoin course via Twitter. This time with German support.

“Technoking” Elon Musk can’t help it: The e-car manufacturer is once again pulling the crypto space up with an enigmatic tweet through the ring – and the Dogecoin course (DOGE). At around 12:40 pm yesterday, Thursday, May 20th, Musk posted a picture showing a fuzzy dollar bill. On closer inspection, however, the supposed dollar bill does not adorn the face of the first US President, George Washington, but a Shiba Inu, the heraldic animal of the Memecoins Doge. “How much is the doge in the window worth?” asked Musk with his tweet, alluding to a DOGE rate of USD 1.0. A course goal that in turn has come to its own meme.

A few hours later, Musk revealed the secret of the Dogecoin dollar. It was a sticker that recently adorned his gaming laptop, explained Musk, in order to provide information about the provenance of the same in another tweet – in almost flawless German:

Dogecoin reacts with a jump in price, bitcoiner irritated

As was to be expected, Musk’s tweet once again resulted in a surge in the DOGE rate. Within a few minutes, DOGE shot from USD 0.36 to USD 0.42. At press time, DOGE is trading at $ 0.427 – 33 percent up from the previous day’s level.

The Musk Effect: Dogecoin Course (DOGE) via TradingView

While the Dogecoin community celebrates Musk, the Tesla CEO is pissing the Bitcoin hardliners with his Dogecoin tweet. Well-known crypto influencer and podcaster Peter McCormack now has Musk on board calledto sell his bitcoin. McCormack received a lot of applause for this, but also had to take criticism on his part.