By Samuel Indyk
Investing.com – Tesla CEO Elon Musk broke his two-day, self-imposed Twitter ban to tweet bout cryptocurrency USD/DOGE. Referring to the cryptocurrency, Musk called it “the people’s crypto”. The price of the cryptocurrency sky rocketed following the tweets.
Musk also published a picture of his head self-imposed on a scene from the Lion King, where he is holding up an image of the Doge coin, reminiscent of the scene when Rafiki holds up Simba from the Disney classic.
A number of celebrities jumped on the bandwagon. Star basketball player Giannis Antetokounmpo referred to Musk’s tweet saying, “We are going to the moon”.
Bitcoin
Of interest, it should be noted that the Tesla Inc (NASDAQ:TSLA) CEO and world’s richest man has removed the term ‘Bitcoin’ from his Twitter bio. It’s not the first time Musk has tweeted about the cryptocurrency and given his propensity to tweet that like this, it is unlikely to be the last.