⭐ Find us on social media: https://allmylinks.com/cryptonews?ref=vnj7<br /><br />Dogecoin price rises after tweets from Elon Musk and Mark Cuban.<br /><br />Dogecoin's price rose 20% in 24 hours on Wednesday to 32 cents after Tesla CEO Elon Musk and the owner of the Dallas Mavericks, Mark Cuban composed a series of tweets, ShareCast reports.<br /><br />Elon Musk and Mark Cuban both made tweets supporting the meme-inspired cryptocurrency.<br /><br />On Wednesday, Musk simply tweeted: "The Dogefather SNL May 8." This is both a reference to his regular tweets about dogecoin-- which he claims are "simply suggested to be jokes"-- and Musk's planned look on Saturday Night Live.<br /><br />Mark Cuban had actually composed numerous posts 2 days previously. The billionaire business owner and TV personality stated his NBA team was on track to finish 6,000 dogecoin transactions in April.<br /><br />" Doge is the one coin that individuals actually use for transactions," Cuban said, when asked by a user why he was backing dogecoin. "People invest their Doge which indicates more services will start taking it."<br /><br />According to data from Coin Metrics, the cryptocurrency, which started as a joke in 2013, hit a record high above 45 cents previously in April.<br /><br />The crypto is now the sixth-largest digital coin with a total market value of practically $42bn.<br /><br />It wasn't the very first time that a tweets from Musk had actually activated a price spike. The billionaire Tesla CEO when called dogecoin his "fav" cryptocurrency and "individuals's crypto."<br /><br />There was issue among some financiers that a speculative bubble was forming in Dogecoin.<br /><br />⭐ Watch more videos here: https://www.youtube.com/channel/UC0tBiZtrJ56vGCHAkWdjvSw<br />
