🚨In eleven years, cryptocurrency has gone from a geek joke on Reddit to a powerful lever of influence in the hands of #ElonMusk . The self-proclaimed "Dogefather."
On X, Elon Musk has been posting provocative posts. He promises to send a Doge-1 space mission and authorizes the purchase of Tesla accessories with the cryptocurrency. The billionaire likes to embody the total nerd: his communications are full of cryptic references and nods to internet culture.
In 2021, he proclaimed himself "CEO of Dogecoin" on Saturday Night Live. And as if to prove who's the boss, he replaced the Twitter logo with the emblem of his favorite dog for a few days.
With each tweet from the "Dogefather," the cryptocurrency's price fluctuates: up, but also sometimes down. Because behind the hype, Dogecoin remains a highly speculative asset, subject to the whims of a single man.
Ironically, this cryptocurrency, initially created to troll Bitcoin, has gradually become a financial asset valued at $50 billion, scrutinized by professional traders.
