Dogecoin prices may go up after Elon Musk tweets in favor saying he will accept tuition fees in same cryptocurrency for TITS

In 2013, Australian entrepreneur Jackson Palmer and software programmer Billy Markus invented Dogecoin, a satirical cryptocurrency. Palmer said in an interview that the project was inspired by two online tabs he had open at the time: one with a viral internet meme of a Japanese Shiba Inu “doge,” and the other with a list of recently introduced bitcoin ventures to the market.
Palmer playfully invented the term “Dogecoin” and posted the now-famous sentence, “Investing in Dogecoin, quite sure it’s the next big thing,” on his Twitter account. It piqued the eye of the meme-fueled crypto community right away. Dogecoin was created with the intention of being “as ludicrous as possible,” in keeping with its parody ethos and to discourage people from using it in the long run.
History of Dogecoin
On December 6, 2013, Dogecoin went live for the first time, and it was an instant hit with the community. Despite China’s announcement of a prohibition on payment businesses interacting with Bitcoin at the time, the r/Dogecoin Reddit channel had over 19,000 users after two weeks, and the price of DOGE (the ticker symbol for the project’s official token) rose 300 percent.

Recently Elon Musk tweeted in favour of dogecoin claiming that he would give a discount to those who have a dog in his upcoming university. He mentioned that he will accept dogecoin as the cryptocurrency for tuition fees. Read the complete story here.

Currently, Dogecoin is priced at $0.273942, so let’s see if this revelation will increase the price of the same. Elon Musk has been in the limelight of many. He has now become the top richest person in the world. Because of which the UN director for food stated that if Elon Musk would invest 2% of his wealth we can eradicate world hunger. To this Elon Musk came out and said how $6 billion will do that, and if it will then it should be documented for the same. Read the story here.