Elon Musk broke his Twitter silence with tweets on Dogecoin.<\/p>\n
Elon Musk is back on Twitter less than two days after he announced he would be taking a break from the microblogging platform. The Tesla CEO broke his self-imposed Twitter silence with a series of tweets this morning praising Dogecoin - the meme-based cryptocurrency which was initially started as a joke. As the value of Dogecoin surged, Mr Musk, in his trademark style, 'welcomed' investors with a meme.<\/p>\n
It all started when Elon Musk shared a picture of a rocket to the moon and followed it up with a one-word tweet: Doge.<\/p>\n
The tweet was enough to send the value of Dogecoin surging by over 44 percent, reports Market Watch.<\/p>\n
\"The most entertaining outcome is the most likely,\" he wrote - likely referring to his past record of fortune-making tweets. His posts on Twitter recently drove up the stock of Etsy and Signal, and helped boost the GameStop surge.<\/p>\n
The tweets were not the only time Musk moved markets on the platform in recent weeks. When he changed his Twitter profile to read simply \"#bitcoin\" last Friday, the cryptocurrency's price temporarily skyrocketed by around 20 percent.<\/p>\n
This time, as Dogecoin surged, Elon Musk shared a meme based on the iconic Lion King scene of Rafiki showing Simba his kingdom. He posted a pic with his face superimposed over Rafiki, holding up the Doge meme which is the logo for the cryptocurrency.<\/p>\n
The meme was followed by two more Dogecoin tweets.<\/p>\n
\"Dogecoin is the people's crypto,\" reads one, while the other says, \"No highs, no lows, only Doge.\"<\/p>\n
Mr Musk overtook Amazon boss Jeff Bezos to become the world's wealthiest person last month, with a fortune estimated at $185 billion following a nine-fold surge in Tesla's share price over the past year.<\/p>\n
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Elon Musk's Twitter Break Is Over. See What He Posted - NDTV<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Elon Musk broke his Twitter silence with tweets on Dogecoin. Continue reading