After Elon Musk replaced Twitter’s blue bird icon with the Dogecoin (DOGE) icon, DOGE had a huge upswing.
While this rise in DOGE pleased its investors, popular Bitcoin (BTC) maximalist Jimmy Song blamed Elon Musk.
Sharing on Twitter, Song accused DOGE supporter Musk of pumping the DOGE price to pay off his Twitter debt.
Song believes that Musk’s support for Dogecoin is not real and is a game to pay off some debts.
“Elon pumps Doge to pay off his Twitter debt.”
Elon is pumping Doge so he can pay off his Twitter debt.
— Jimmy Song (송재준) (@jimmysong) April 4, 2023
While Song believes Musk is playing games on DOGE, Elon Musk’s influence on Dogecoin cannot be dismissed. Because Musk states that he has been a supporter of Dogecoin since 2021.
Elon Musk, who defines himself as the “dogefather”, also supported Dogecoin in the bull market in 2021 and caused sharp rises.
DOGE, which has increased by 28% in the last 7 days, continues to be traded at $ 0.09789 at the time of writing.
*Not investment advice.
