So, The market cap of Dogecoin adds $3 billion within minutes after Tesla CEO Elon Musk’s tweet. More so, the tweet contains jokes about his imaginary university accepting the original meme cryptocurrency as tuition payments.
“$3 billion in Doge market cap added since this tweet.” — TradingView (@tradingview) October 31, 2021
More so, Elon also adds that students who have a dog would be able to get an unspecified discount.
Recall, Last week, the centibillionaire causes a little shake in Twitter after revealing a plan to start a university “Texas Institute of Technology & Science.”
While many see it as his normal jokes, others also crack their own jokes about the dirty acronym. Which of course, it briefly emerges as one of the top-trending topics on Twitter.
However, it’s still uncertain if Elon tweet is true or just another joke. Notwithstanding, Dogecoin community is already saving up for tuition.
“Saving my #DogeCoin so my son’s can attend TITS University/— Muffin_v1.14.4 (@JustinScerini) October 31, 2021
Even still, this recent push from Elon, Dogecoin is still below Shiba Inu on CoinMarketCap.
Shiba, the “Dogecoin killer” is seeing 7% increase over the past 24 hours.
Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.