I can only imagine that everyone knows what Dogecoin is at this point. But if you don’t, I’ll humor you and give you a brief rundown. Dogecoin is a cryptocurrency that literally started as a joke in 2013. It is a satirical homage to bitcoin, designed to serve no real purpose other than generating a few laughs. It’s named after an internet meme that focuses on a Shiba Inu dog that apparently can’t spell. Hence why it is spelled “doge” instead of “dog.
Famed YouTuber and Influencer Corinna Koph has clearly been on the Dogecoin train for quite some time now. It appears that the more she tweets about it, the higher the price goes. She has even traded tweets back and forth with SpaceX CEO and Founder of Tesla, Elon Musk. Koph even went as far as getting “Doge” tattooed on her ass.
Elon Musk tweeted shortly thereafter that SpaceX was going to literally put Dogecoin on the moon, which Koph promptly retweeted.
Since April 1st when these tweets were published, Dogecoin has had a surge in price and continues to skyrocket. Both Koph and Musk have continued to tweet about it. It almost seems as if their influence in social media is actually dictating the financial success of Dogecoin.
This may sound silly, but both Musk and Koph are playing with fire here. It almost seems as if their social media interaction is driving the cryptocurrency market specific to Dogecoin. They could make or break the fortune of millions of people. I went ahead and bought some Dogecoin myself yesterday at $0.14. I can only hope that Koph and Musk continue to tweet about it so I can retire early.