Dogelon Mars ELON/USD is up 10% in the last 24 hours, outpacing Shiba Inu SHIB/USD and Dogecoin DOGE/USD gains.
What Happened: The rise in ELON comes after Twitter Chief Elon Musk on Wednesday once again demonstrated his ability to put all canine-themed coins in the green with a single tweet. In a tweet on Wednesday, Musk revealed that he ‘let the Doge out,’ referring to the meme coin DOGE.
At the time of writing, ELON was trading at $0.0000004637.
See More: Top Indian Apps That Give Bitcoin, NFT Rewards
DOGE was trading at $0.085 and SHIB at $0.0000134, gaining 1.92% and 5% respectively, in the last 24 hours.
ELON’s listing on crypto exchange Shido on Wednesday could also be a possible reason for its recent spike in price.
Read Next: Bitcoin, Ethereum, Dogecoin Slide After Mixed Fed Minutes: Analyst Says China Won’t ‘Fuel Coming Cycle