The CEO of SpaceX and Tesla again started tweeting about Dogecoin and this time he hoped that this could be listed on Coinbase as soon as possible.
Coinbase, in fact, is among the exchange most used and known all over the world. Nevertheless, I list a few cryptocurrency if you compare it to other platforms such as: Binance. And in fact, among the unlisted cryptocurrencies there really is Dogecoin.
For this reason, when a user asked if Coinbase should proceed to list Dogecoin in order to facilitate access to this cryptocurrency, Elon Musk replied immediately and without doubt yes.
At the moment, however Dogecoin it is not part of the Coinbase basket and nothing suggests that there may soon be an official listing of this cryptocurrency.
Elon Musk after tweeting and replying to users on Dogecoin led to a spike in the price of the cryptocurrency. Indeed, the Dogecoin has seen it soar again its price which reached 0,06 cents. dollars.
Elon Musk, however, now increasingly interested in this sector, would also have managed to make another cryptocurrency rise dramatically: SHIB Shiba Inu. This cryptocurrency is available on very few decentralized exchanges including Ox Protocol and Uniswap. Recently launched, the cryptocurrency has a value of $ 0,00000009, but saw a growth of 300% when Elon Musk tweeted that he wanted to buy cryptocurrency.
Still, most likely Tesla's CEO he was not referring to Shiba Inu the cryptocurrency, but to Dogecoin's symbolic dog which is a Shiba Inu dog. In any case, this shows how Elon Musk is able to move the markets. In fact, even when he launched Marscoin, the digital currency with which he imagines he can functioning the economy of Mars, the Mars Coin, which is not linked to Musk, however, has risen in price.
In any case, the effect of the statements made by Elon Musk are felt mainly on Bitcoin. Among the reasons that in fact allowed to trigger the rally in February and which brought cryptocurrency to its record of 58 thousand dollars there was the purchase of BTC by Tesla. The risk, however, is that if there was a reverse on the part of Musk rapid collapses could be generated.