Dogecoin [DOGE] spiked 4% after Elon Musk sarcastically said it was the subject of his conversation with the Murdochs at the Super Bowl VIP box.
Elon Musk was seen cozying up to Rupert Murdoch and his daughter Elisabeth at the Superbowl LVII on Sunday. You can buy Dogecoin with PayPal here.
Musk’s tweet does it again!
Musk replied to a tweet that had a photo of him sitting next to the media tycoon Rupert Murdoch and his daughter Elisabeth.
The poster had wondered what they were talking about, and Musk said the conversation was about “Dogecoin.”
DOGE broke away from the downtrend in cryptocurrencies to rise 3.6% to $0.085 at press time. For the week, the meme coin is down 4.5%.
Halftime Show Super Bowl LVIIhttps://t.co/i7jwjvyeOJ
— Elon Musk (@elonmusk) February 13, 2023
The cryptocurrency’s trading volume spiked 192.8% to $645.79 million at press time, according to CoinMarketCap data.
Doge price spikes
Musk’s mentions of the meme cryptocurrency often send it soaring. He is a well-known DOGE aficionado and his takeover of Twitter has further enthused the community surrounding the Shiba-Inu-themed cryptocurrency.
In November, it was revealed that Twitter was working on a cryptocurrency wallet that supports deposits and withdrawals. It was speculated at the time that such a wallet should be introduced; DOGE would be its default currency.