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Free Bitcoin 2020 Earn Free Bitcoin Daily in Internet 2020 Learn different ways to earn Bitcoins by completing simple tasks, Captcha’s and sell your Bitcoins for real money. Free Bitcoin 2020 What is Bitcoin? Bitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. It was released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency. Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services in legal or black markets. Bitcoins in its pure essence is money. It is digital curren

Doge Token Pumps After Elon Musk Tweets ‘Dogecoin Is the People’s Crypto’

Elon Musk has tweeted that dogecoin is people’s crypto shortly after the billionaire pledged to go off the social media platform for while. Incidentally, the token, which traded at $0.0411 on February 3, surged to $0.0588 just as Musk was tweeting.

Doge Token Pumps After Elon Musk Tweets 'Dogecoin Is the People’s Crypto'

However, at the time of writing, the token appeared to have retreated to $0.0541, a price which is still 60% higher than that of February 3. Following Musk’s previous tweets about the token, dogecoin’s price surged to an all-time high (ATH) of $0.0791, according to Messari data. At the time of writing, the token is still up by more than 400% in the week while its market capitalization stands at $6.74 billion.

Similarly, when Musk amended his Twitter account bio to include bitcoin, the crypto’s value surged by more than 20% in a few hours.

Doge Token Pumps After Elon Musk Tweets 'Dogecoin Is the People’s Crypto'

Meanwhile, not everyone is impressed with the billionaire’s tweets that have ranged from pumping the dogecoin token to supporting Wallstreetbets traders.

Some analysts have accused Musk of deliberately tweeting about certain stocks and crypto assets for his and his friends’ benefit. Consequently, others want now regulators to get involved after alleging that Musk’s market-moving tweets are hurting ‘the little guy.’ Some Twitter users believe this is what may have prompted Musk, one of the world’s richest person, to announce that he was going off Twitter.

Doge Token Pumps After Elon Musk Tweets 'Dogecoin Is the People’s Crypto'

However, since ending his brief self-imposed exile from Twitter, Musk has talked up the dogecoin in at least five tweets. On Twitter, some users thanked Musk for helping them profit the token while others asked if he could do the same for other tokens. Still, others like one Twitter user, Poison joked that he had incurred losses “because I listened to you man.”

What do you think of Musk’s tweets about dogecoin? You can share your thoughts in the comments section below.



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