Elon Musk Tweets About Dogecoin Knockoff, Sending It Skyrocketing

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Futurism 02 July, 2021 - 09:37am 17 views

What is baby Doge Crypto?

Baby Doge is the new favourite of crypto enthusiast and Tesla CEO Elon Musk. What is it? A spinoff of already existing meme cryptocurrency Dogecoin. Yepp, the joke has gone too far. Cryptocurrencies have truly exploded in 2021 and alternative tokens or alt coins are dominating the scene. India TodayWhat is Baby Doge? Meet Elon Musk’s new favourite cryptocurrency

Elon Musk tweets provocative dogecoin meme as crypto price slides

Yahoo Finance UK 03 July, 2021 - 04:52am

His post made use of an old image, once often used as a meme on social media, that showed a man ignoring a host of women to instead focus on his computer. In Mr Musk’s post, that computer showed the word “dogecoin”, as well as “polytopia”.

While Mr Musk’s posts helped the fortunes of the cryptocurrency, they weren’t enough to undo its recent weak performance. It gained less than 2 per cent in the wake of his tweet, but was still down almost 4 per cent over the day.

In the past, Mr Musk’s tweets and other interventions have proven key to the performance of the cryptocurrency. Just this week, the price gained 10 per cent after he posted a godfather meme and the phrase “release the Doge”.

Shortly after he posted the lyrics to the song “baby shark”, but with the words changed to reference the cryptocurrency.

But that limited boost was much less pronounced than his involvement had proven in the past. Previous tweets have quadrupled the price, as Mr Musk’s huge following brought new attention to the cryptocurrency.

Since the height of Mr Musk and dogecoin’s involvement, the cryptocurrency has lost much of its value. But it remains one of the five biggest digital currencies, excepting so-called stablecoins.

Such interventions can be key to the popularity of dogecoin and other smaller cryptocurrencies.

“The main drivers behind dogecoin’s popularity is its online communities, coupled with support from high-profile business magnates like Elon Musk,” Michael Kamerman, CEO of fintech company Skilling, told The Independent earlier this year.

“It’s moved by headlines, tweets, celebrity or corporate endorsements, and while that’s likely belittled by ‘traditional’ investors, it’s what brings the masses to cryptocurrencies.”

Formula One champion Lewis Hamilton will stay with Mercedes through the 2023 season after signing a two-year contract extension, the team said Saturday. The seven-time champion is currently in his ninth season with Mercedes. “It is hard to believe it’s been nearly nine years working with this incredible team and I’m excited we’re going to continue our partnership for two more years,” Hamilton said.

The game against Ukraine sees the men’s squad attempt to qualify for their first European Championship semi-final for 25 years.

The more money you collect from Social Security during retirement, the more financial freedom you'll have. Unlike your retirement savings, which could, unfortunately, get depleted in your lifetime, Social Security is designed to pay you a monthly benefit for life, so the higher a benefit you lock in, the more money you'll get on a long-term basis. Your Social Security benefit itself is based on the amount of money you earn during your 35 most-profitable years in the labor force.

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Ollie Robinson will serve no further ban for his historical racist and homophobic tweets and will be available for the India Test series. Robinson is free to resume his cricket career after the Cricket Discipline Commission (CDC) announced he has been handed an eight-match ban, five of which are suspended for two years, for "a number of offensive tweets" between 2012 and 2014. The decision was made by the CDC, an independent panel that adjudicated on the ECB.

"We have to respect that it was her choice."

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China's Foreign Minister Wang Yi urged the international community on Saturday to build a "Great Wall of Immunity" to battle the COVID-19 pandemic. "We should face the imminent challenges together," Wang, who is also a member of the State Council, or cabinet, told the 9th World Peace Forum held at Tsinghua University in the Chinese capital. "The most urgent priority is to expedite the construction of the 'Great Wall of Immunity' to fend off the virus, surpass political discrimination and carry out international anti-pandemic cooperation."

Seven-time world champion Lewis Hamilton will be staying in Formula One for the next two years at least after he and Mercedes announced a contract extension on Saturday. Hamilton, who joined Mercedes from McLaren in 2013 as replacement for retired seven-time champion Michael Schumacher, was out of contract at the end of this season after agreeing a one-year deal only in February. "I have always said that as long as Lewis still possesses the fire for racing, he can continue as long as he wants," commented team boss and shareholder Toto Wolff.

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The contract extension will see Hamilton, 36, remain with the Silver Arrows until at least the end of 2023.

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The England fan was stunned when Maya Jama appeared on the other end of the phone.

The panel has taken into account Robinson’s suspension from the England team and two Vitality Blast matches.

England take on Ukraine in the quarter-finals of Euro 2020 on Saturday night

The public still understand the importance of Covid restrictions even if politicians are getting weary of lockdown, a professor in health psychology has said. Robert West, professor in health psychology at University College London’s Institute of Epidemiology and Health, said despite a rise in pandemic fatigue, people’s behaviours and attitudes show they understand the need for current government guidelines. Professor West added that people who fail to adhere to guidelines like self-isolation may be due to a lack of financial support.

Hundreds of Taliban fighters have been killed in fierce battles with government forces across several provinces of Afghanistan, officials said Saturday, as Washington announced it would finish withdrawing its troops from the country by the end of August. Washington's announcement came after all US and NATO troops vacated their main Bagram Air Base, from where the coalition forces led operations for two decades against the Taliban and their al-Qaeda allies."Bagram is the most strategic base in th

England take on Ukraine in the quarter-finals of Euro 2020 on Saturday night

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