Monday, January 24, 2022

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    Elon Musk’s New Tweet Leaves SHIB and Doge Holders Puzzled

    Shib and Dogecoin community left pondering what Elon Musk’s new tweet could mean, particularly after Tesla launched merch buyable with Doge

    Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

    Tesla boss centibillionaire Elon Musk has made the community of the two major meme cryptocurrencies – Doge and Shiba Inu – wondering as to what the eccentric billionaire meant to say.

    While often tweeting memes to do with cryptocurrencies (Dogecoin or Bitcoin in particular), this time Musk has tweeted only one word “top” with an upwards arrow emoji.

    Crypto community members supporting various currencies immediately began to ask for a clarification. Shib and Dogecoin fans have been most active so far, wondering if Elon meant Doge/SHIB going to the moon.

    Image via Twitter

    Earlier this week, Musk announced by his Twitter page that Tesla had finally launched sales of company’s merchandize that can be paid for with Dogecoin only. So far the Tesla merch shop offers four items, including a “cyberwhistle” inspired by the cybertruck and a “cyberquad for kids”. The latter is worth 12,020 DOGE, suggesting that Tesla has basically started selling its e-vehicles for Doge.

    Many in the Doge community expect the company to begin selling electric cars for the meme crypto as the next step.

    After yesterday’s 20-percent spike, Dogecoin price has dropped from $0.199 to a low of $0.1827. By now, the original meme cryptocurrency has recovered the $0.1895 level.


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