{"id":185783,"date":"2021-04-01T12:08:11","date_gmt":"2021-04-01T11:08:11","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=185783"},"modified":"2021-04-01T12:39:27","modified_gmt":"2021-04-01T11:39:27","slug":"dogecoin-surges-10-after-elon-musk-says-spacex-would-put-it-on-the-moon","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/dogecoin-surges-10-after-elon-musk-says-spacex-would-put-it-on-the-moon\/","title":{"rendered":"Dogecoin surges 10% after Elon Musk says SpaceX would put it on the moon"},"content":{"rendered":"<p><a href=\"https:\/\/cryptoslate.com\/coins\/dogecoin\/\"><span style=\"font-weight: 400;\">Dogecoin<\/span><\/a><span style=\"font-weight: 400;\"> surged over 10% after <\/span><a href=\"https:\/\/cryptoslate.com\/elon-musk-you-can-now-buy-a-tesla-with-bitcoin\/\"><span style=\"font-weight: 400;\">Elon Musk<\/span><\/a><span style=\"font-weight: 400;\"> tweeted about taking the cryptocurrency to the <\/span><i><span style=\"font-weight: 400;\">moon<\/span><\/i><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2018To the moon\u2019 is a popular term used in crypto and amateur investing circles to describe an asset in a strong uptrend that seems to never stop going upward, i.e.<\/span><i><span style=\"font-weight: 400;\"> to the moon<\/span><\/i><span style=\"font-weight: 400;\">. Every crypto community member hopes their own bag would eventually reach the moon someday, but Musk\u2019s taking it a step ahead: he wants to put an <\/span><i><span style=\"font-weight: 400;\">actual<\/span><\/i><span style=\"font-weight: 400;\"> Dogecoin on the<\/span><i><span style=\"font-weight: 400;\"> actual<\/span><\/i><span style=\"font-weight: 400;\"> moon, 384,400 km away from Earth.<\/span><\/p>\n<h2>Dogecoin to the moon<\/h2>\n<p><span style=\"font-weight: 400;\">\u201cSpaceX is going to put a literal Dogecoin on the literal moon,\u201d said Musk in a tweet. SpaceX is one of Musk\u2019s companies and is involved in rocket building and space exploration.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">SpaceX is going to put a literal Dogecoin on the literal moon<\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1377567762919292938?ref_src=twsrc%5Etfw\">April 1, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">The tweet incited a flurry of trading activity on Dogecoin, which immediately pumped in the minutes afterward. It pumped like a literal rocket from $0.0540 to $0.066, breaking through any local resistances.<\/span><\/p>\n<figure id=\"attachment_185784\" aria-describedby=\"caption-attachment-185784\" style=\"width: 1805px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-185784\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/04\/download.png\" alt=\"\" width=\"1805\" height=\"855\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/04\/download.png 1805w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/04\/download-300x142.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/04\/download-1024x485.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/04\/download-768x364.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/04\/download-1536x728.png 1536w\" sizes=\"(max-width: 1805px) 100vw, 1805px\" \/><figcaption id=\"caption-attachment-185784\" class=\"wp-caption-text\">Dogecoin rocket. Image: TradingView.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The surge meant Dogecoin now sits on a market cap of over $8 billion with a circulating supply of 129 billion. \u201cInvestors\u201d who happened to pour their funds into DOGE made over 3,434% over the past year, and over 23% over the past week.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For Musk, the tweet was one of the many Dogecoin-related snippets he has put out in the past year. He once said it was the \u2018future currency of Earth\u2019 and even said he had accumulated a stack for his nine-month-old son.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Who knew the DOGE would live to see this day?<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">(Happy April fools! Musk\u2019s tweet is likely an April Fool\u2019s Day prank. He has, however, called Dogecoin the future currency of planet Earth, so who knows?)<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin surged over 10% after Elon Musk tweeted about taking the cryptocurrency to the moon. \u2018To the moon\u2019 is a popular term used in crypto and amateur investing circles to describe an asset in a strong uptrend that seems to never stop going upward, i.e. to the moon. Every crypto community member hopes their own [&hellip;]<\/p>\n","protected":false},"author":65,"featured_media":138869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,15323],"tags":[75504],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dogecoin surges 10% after Elon Musk says SpaceX would put it on the moon<\/title>\n<meta name=\"description\" content=\"Dogecoin surged over 10% after Elon Musk tweeted about taking the cryptocurrency to the moon on a SpaceX rocket.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/dogecoin-surges-10-after-elon-musk-says-spacex-would-put-it-on-the-moon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin surges 10% after Elon Musk says SpaceX would put it on the moon\" \/>\n<meta property=\"og:description\" content=\"Dogecoin surged over 10% after Elon Musk tweeted about taking the cryptocurrency to the moon on a SpaceX rocket.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/dogecoin-surges-10-after-elon-musk-says-spacex-would-put-it-on-the-moon\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-01T11:08:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-01T11:39:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/07\/dogecoin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shaurya Malwa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shaurya Malwa\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/dogecoin-surges-10-after-elon-musk-says-spacex-would-put-it-on-the-moon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/dogecoin-surges-10-after-elon-musk-says-spacex-would-put-it-on-the-moon\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#person\",\"name\":\"Shaurya Malwa\",\"url\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/author-shaurya-malwa.jpg\",\"caption\":\"Shaurya Malwa\"},\"jobTitle\":\"Analyst\",\"description\":\"Post-mining his first bitcoin in 2012, there was no looking back for Shaurya Malwa. 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An economics graduate from the University of Wolverhampton, he breathes financial markets and decentralized ideologies. When not writing, Shaurya works on his culinary skills, trades the big three cryptocurrencies, and surfs airplane blogs.","url":"https:\/\/cryptoslate.com\/author\/shaurya-malwa\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/185783"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/65"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=185783"}],"version-history":[{"count":4,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/185783\/revisions"}],"predecessor-version":[{"id":185789,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/185783\/revisions\/185789"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/138869"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=185783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=185783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=185783"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=185783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}