Tesla TSLA and SpaceX CEO Elon Musk's latest Tweet on July 1 caused Dogecoin prices to surge. The price jumped 4% following the Tweet.
Musk has a history of impacting the cryptocurrency market, with previous Tweets and company announcements affecting bitcoin and dogecoin prices.
Editor's note. This video was first published on May 17, 2021. It was updated on July 1, 2021.