Elon Musk Thinks Dogecoin (DOGE) Could Hit $1

Elon Musk, the CEO of Tesla, has once again tweeted about Dogecoin (DOGE). This time, he posted an image of a $1 note with a Shiba-Inu dog on it, which suggests that the meme token may soon hit $1.

The picture captioned in the tweet refers to the Cyber Viking book series by Marcus Sloss. The books are about Saudi war veteran Eric Yan, who prepares to save the Earth from an alien attack.

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It can be recalled that the founder of SpaceX once called Dogecoin (DOGE) the people’s currency. So, it can easily be deduced that the tech expert is again touting the meme token as the asset that will save the world without the world noticing.

The asteroid barreling toward Earth is an alien spacecraft with hostile intent. Eric scrambles to plan, consolidate, and form his team while the rest of an oblivious society is prevented from vital information.

At the press of press, Dogecoin is changing hands at $0.4054, with a relatively 20% price uptrend in the last 24 hours, as per CoinMarketCap, after yesterday’s plunge followed by Bitcoin’s downward traJectory from above $40,000 down by $10,000.

Elon Musk is a long-term fan of Dogecoin. He often posts tweets related to the cryptocurrency created out of meme and pushing the coin’s price to new highs.

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Many believe the CEO of Tesla is manipulating the Dogecoin and Bitcoin price after he recently pushed BTC into the sea of red by tweeting that it is a “dirty coin.” However, Musk’s recent appearance on SNL made DOGE show a massive drop.


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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.