Dogecoin goes for a run: DOGE experiences comfortable gains in the market

Quick Take

1 minute read

  • Dogecoin has been experiencing some serious gains already this week.
  •  It has been able to push above 1% per token after Angela White supported the token on Twitter.

Dogecoin, the well-known meme-based crypto asset supported by the Tesla chief executive, Elon Musk, has been experiencing some serious gains already this week. It has been able to push above 1% per token after Angela White, an Australian adult film star, supported the token on Twitter.

On Twitter, she said:

Been HODLing my $Doge since 2014. MUCH PATIENCE. TO THE MOON 🚀 #dogecoin

She changed her profile picture on Twitter to her wearing a T-shirt with the dogecoin meme endorsing the project even more.

This beats the previous price increase from the Tesla CEO when it spiked 25% after he mentioned crypto on his Twitter account last month. As Angela mentioned it on her account, the impact was nearly instant with a 125% price increase for the asset.

Dogecoin is a fan favourite throughout the crypto industry with many people seeing the appeal of the Internet meme being integrated into a legitimate crypto asset. The fact that Elon Musk is such an open fan of the project speaks volumes as well.

Last month on the 20th of December, the Tesla CEO tweeted the following:

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