Elon Musk, the new boss of Twitter, has again made a crypto-realted headline that has shot up prices.
Musk tweeted a photo of a Shiba Inu dog dressed in a shirt with a Twitter logo and a pumpkin with a Twitter logo on Halloween day, accompanied by a wink emoji as a caption.
As expected, the prices of Musks’ favourite crypto Dogecoin (DOGE) and Shiba Inu shot up.
DOGE shot up 14% within minutes following his tweet. However, the crypto shrank down to 12% at press time.
While Shiba Inu also showed a big uptrend but not as much as DOGE, it rallied by around 5% to create a local high of $0.00001032. However, Shiba Inu’s uptrend also fell after the hype died down, and at press time, the pump was down to 4%. It was trading at $0.00001287.
Besides the tweet, the two cryptocurrencies were already hot as Musk had already hinted that DOGE would soon be incorporated with the Twitter platform.
Musk’s latest tweet post comes after his…
