SpaceX space exploration company CEO Elon Musk tweeted that a real Dogecoin will be placed on the moon. Musk is very passionate about this virtual currency and frequently expresses it on Twitter. He has previously built a Dogecoin mining platform with his children.
Last month Musk tweeted and published a promo expressing the image of Dogecoin landing on the moon. Today is the second time he emphasized this desire. After the news, the price of Dogecoin has risen sharply.
As of press time, it has reached $0.062432, a rise of 18.53% in one day. Subsequently, the price of Dogecoin rose by as much as 30%, and it has now fallen back to $0.0639.
SpaceX is going to put a literal Dogecoin on the literal moon
— Elon Musk (@elonmusk) April 1, 2021
The U.S. Securities and Exchange Commission started investigating Musk in February this year to determine whether he used social accounts to manipulate cryptocurrencies such as Dogecoin, but apparently, this could not prevent him from liking this cryptocurrency.
Tesla and Musk finally reached a settlement with the US Securities and Exchange Commission. As part of the settlement agreement, Musk agreed to resign as chairman of the board of directors, and both Tesla and Musk must pay a fine of $20 million.
