October 2, 2022

AndronETalksNews

AndronETalksNews

A dogecoin spinoff called baby doge doubled in price following an early-morning tweet from Elon Musk

Insider

By Natasha Dailey

A tweet from Elon Musk on Thursday caused the price of a new meme cryptocurrency called baby doge coin to surge.

Musk tweeted, “Baby Doge, doo, doo, doo, doo, doo,” a reference to the well-known kids’ song “Baby Shark.” The hashtag #babydoge trended on the site following the tweet.

The price of the coin more than doubled after Musk’s message, according to data from CoinGecko – it showed that the price rose to $0.000000002000 at 10:53 a.m. in New York from $0.000000000916 just before the tweet.

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