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2021-05-14
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Elon Musk tweets about Dogecoin, and prices immediately jump
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The crypto has seen a stunning increase, however, since Musk adopted it as a meme and began tweeting about it earlier this year, including strong gains last week before the billionaire's guest-hosting appearance on \"Saturday Night Live.\"</p>\n<p>Immediately after Musk's tweet Thursday, Dogecoin prices jumped from less than 43 cents apiece to more than 50 cents. Bitcoin declined from about $54,500 a coin to less than $50,000 in the 24 hours after Musk's announcement of Tesla's move.</p>\n<p>Musk clarified his comments Thursday, tweeting \"I strongly believe in crypto, but it can't drive a massive increase in fossil fuel use, especially coal.\"</p>\n<p>Tesla stock was up a tick in after-hours trading, after falling 3.1% to $571.69 in regular trading. Shares closed below Tesla's 200-day moving average Thursday for the first time in more than a year , and have now declined 19% so far in 2021, as the S&P 500 index has gained 9.5%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2135675519","content_text":"'Working with Doge devs to improve system transaction efficiency,' Tesla CEO says a day after halting bitcoin transactions and sending that cryptocurrency lower\nA day after revealing that Tesla Inc. would stop accepting bitcoin as payment for its cars, Tesla Chief Executive Elon Musk suggested Thursday that another cryptocurrency, Dogecoin, could be turned into a suitable replacement.\n\"Working with Doge devs to improve system transaction efficiency,\" Musk tweeted . \"Potentially promising.\"\nDogecoin prices immediately shot higher, after bitcoin took a large hit in the wake of Wednesday's announcement purchase of $1.5 billion in bitcoin and acceptance of the cryptocurrency as a payment option was seen at the time as a sign of growing institutional acceptance of crypto.\nWhile bitcoin has been seen as a potential payments option since its inception, Dogecoin was largely conceived as a joke. The crypto has seen a stunning increase, however, since Musk adopted it as a meme and began tweeting about it earlier this year, including strong gains last week before the billionaire's guest-hosting appearance on \"Saturday Night Live.\"\nImmediately after Musk's tweet Thursday, Dogecoin prices jumped from less than 43 cents apiece to more than 50 cents. Bitcoin declined from about $54,500 a coin to less than $50,000 in the 24 hours after Musk's announcement of Tesla's move.\nMusk clarified his comments Thursday, tweeting \"I strongly believe in crypto, but it can't drive a massive increase in fossil fuel use, especially coal.\"\nTesla stock was up a tick in after-hours trading, after falling 3.1% to $571.69 in regular trading. Shares closed below Tesla's 200-day moving average Thursday for the first time in more than a year , and have now declined 19% so far in 2021, as the S&P 500 index has gained 9.5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":513,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":14,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/198632927"}
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