The founder of SpaceX and Tesla, Elon Musk, raised the cryptocurrency value with three tweets about Dogecoin. Medialeaks write this.

On February 4, on his Twitter page, an American entrepreneur and billionaire Elon Musk published three posts related to the Dogecoin cryptocurrency. The businessman wrote that the digital currency, named after the meme dog Doge, can be considered popular.

The Doge meme is practically the ancestor of all animal memes. The photo shows a dog of the Shiba Inu breed named Kabosu, and its muzzle expresses either surprise, suspicion, or regret. Sometimes the picture is accompanied by captions with colorful letters like “such,” “many,” “very,” “so,” and “wow.” The meme appeared from a series of photos from 2010: Japanese kindergarten teacher Atsuko Sato took in a dog named Kabosu and published her pictures on her blog.

Elon posted a meme on his page based on a frame from the cartoon “The Lion King.”

And he wrote that Dogecoin is the people’s currency and that you do not need to be a GigaChad (a reference to the meme GigaChad and the image of a sexy man deprived of intelligence) to own [it].

After the tweets of the founder of SpaceX and Tesla, the cost of Dogecoin rose by more than 80%, and users of the social network began to thank Musk for supporting the cryptocurrency massively. Many of the commentators admitted that thanks to the businessman’s activity on Twitter, they instantly became rich.

“Thank you, Elon. My eight dollars is now 11. I’ll have some good burgers with my sister tomorrow. Hello from Venezuela,” one user wrote.

However, among the followers of the businessman, some were dissatisfied with the sharp jump in Dogecoin. “I spent all my school money on Dogecoin and sold it at a loss. Elon, please don’t deceive others as you deceived me,” another commenter wrote.