๐ย Dogecoin Surges After Elon Musk Calls It โThe Peopleโs Cryptoโ
In early 2021, a single tweet fromย Elon Muskย ignited a frenzy:
โDogecoin is the peopleโs crypto.โ
๐ฅ Within hours,ย DOGEย soared overย 600%, turning what began as a meme into aย top 10 cryptocurrencyย by market cap. Reddit communities, TikTok users, and even celebrities like Snoop Dogg and Mark Cuban joined the hype.
๐ช Originally created as a joke in 2013, Dogecoin became a symbol ofย internet culture,ย grassroots investing, and the unpredictable power of social media on financial markets.
๐ Despite multiple pumps and crashes, DOGE is still traded by millions โ and occasionally still referenced by Musk.
๐ก This event showed howย memes, community, and influenceย can sometimes matter more than tech in the world of Web3.
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#Dogecoin #ElonMusk #MemeCoin #PeopleCrypto #Crypto2021