The new meme cryptocurrency Baby Doge surged in price on Thursday after Elon Musk tweeted a “Baby Shark” reference
Musk tweeted, “Baby Doge, doo, doo, doo, doo, doo,” and the hashtag #babydoge trended on the site following the tweet.
According to data from CoinGecko, the price of Baby Doge rose from $0.000000000916 to $0.000000002000 – doubling in price following Musk’s tweet. “Release the Doge!” Musk tweeted an hour earlier, which cause another rise in Doge coin. Cryptocurrencies have been heavily influenced by Musk’s tweets for the past few years.
Dogecoin began as a joke in 2013 and has since become a mainstream digital asset. Baby doge coin is a new addition to the crypto world.
A description from CoinMarketCap said: “Baby Doge seeks to impress his father by showing his new improved transaction speeds & adorableness. He is Hyper-deflationary with an integrated smart staking system built in so more baby doge are being added to your wallet. Simply Love, pet, and watch your baby doge grow.”
Next up: Malta Week
Don’t miss out on amazing networking opportunities and exclusive industry insights at Malta Week. Four leading shows will bring the best of the business back-to-back to a first-class meeting point. Malta Week will consist of SiGMA, AIBC, Med-Tech World and AGS, each presenting the top developments of their focal industries.
The cross-collaboration of each brand make Malta Week the number one destination for leading think-tanks of the gaming sector, emerging tech, digital health and digital marketing. The middle of the Mediterranean is the perfect place for multi-faceted business deals and face-to-face conversations with leading affiliates, policymakers and thought leaders.