Elon Musk now the Messiah for Dogecoin, The company's shares rose by 60 percent with one tweet.

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Tesla CEO Elon Musk recently said that he is taking a break from Twitter for a few days, but he is back on Twitter a day later. Elon Musk has changed the fortunes of a company on Twitter. Elon Musk called Dogecoin his favorite cryptocurrency.


He has also shared graphics with his tweet in which he stands in the top look on a high hill with the logo of Dogecoin. Dogecoin has been called a people's crypto by tweeting by Elon Musk. Elon Musk has done nine tweets in an hour about Dogecoin. After this tweet by Musk, social media says that Musk should declare himself the CEO of Dogecoin.


Let us know that Dogecoin is a cryptocurrency that was launched in 2013. Just 45 minutes after Musk's tweet, the company's share price has seen a rise of nearly 60 percent.


Nowadays, shares of small companies are suddenly going up after a tweet by Elon Musk. Elon Musk also tweeted last month 'I kinda love Etsy'. After this tweet by Musk, Etsy's stock saw an increase of up to 9%. Elon Musk tweeted one after the other. In the first tweet, he said, 'I kinda love Etsy'. In another tweet, he said that he bought a hand-woven Marvin the Martian helm for his dog from Etsy.