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After American rapper Snoop Dogg joined DOGE booster-in-chief Elon Musk and Kiss rock star Gene Simmons in tweeting a meme of a Shiba Inu, the dog breed that represents the DOGE token, the price of the meme cryptocurrency dogecoin (DOGE) rose more than 55 percent Sunday, setting a new all-time high.
At the beginning of the day, the price of the cryptocurrency began trading around $0.056 and rose to $0.0872 Sunday afternoon before settling back to $0.084, up 55 percent in the last 24 hours, eclipsing the $0.078 all-time high set late last month. To date, DOGE is up more than 1,380 percent year to date.
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Hours after Dogg's Tweet, Musk, who also serves as Tesla's CEO when he's not busy boosting DOGE, tweeted a Lion King-inspired image of himself holding up Simmons holding up Snoop Dogg, who is holding up a Shiba Inu in turn.
Source: Bityard (https://support.bityard.com/hc/en-us/articles/900005371823-Blockchain-News-After-Snoop-Dogg-becomes-Snoop-DOGE-Dogecoin-Smokes-Its-All-Time-High)