Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk’s ‘Dogefather’ SNL Tweet

Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk's 'Dogefather' SNL Tweet

The infamous meme-crypto dogecoin has seen double-digit gains in recent days after Tesla’s Elon Musk tweeted about his upcoming Saturday Night Live appearance on May 8. On Wednesday, Musk tweeted “The Dogefather SNL May 8,” and a great number of people assume dogecoin will be mentioned to some degree on the show.

Dogecoin Captures a $50 Billion Market Cap

This weekend, dogecoin (DOGE) has started to surge again, as the token featuring the likeness of the Shiba Inu dog is nearing the asset’s all-time high (ATH). The last dogecoin ATH was two weeks ago when the cryptocurrency reached $0.44 per token.

Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk's 'Dogefather' SNL Tweet

DOGE has jumped more than 45% during the last seven days, and 30-day stats show dogecoin gained 537.92% against the U.S. dollar. In recent times, Federal Reserve Chair Jerome Powell was asked about dogecoin at a press conference, and Shark Tank star Mark Cuban talked about DOGE with Ellen Degeneres.

Just before the weekend, Tesla’s Elon Musk, who tweets about dogecoin often, mentioned his upcoming SNL appearance scheduled for May 8. In fact, Musk has been fielding Twitter for ideas for certain skits he could do on the show.

A few days prior on April 28, the Tesla executive tweeted “The Dogefather SNL May 8,” which could be a reference to an upcoming DOGE mention on the show. Close to 10,000 people quoted Musk’s tweet on Twitter, it was retweeted more than 72,000 times and has over 422,000 likes at the time of writing.

A great number of people replied to Musk’s tweet that day. “Your words give life and energy to dogecoin,” one woman from India wrote. “I have invested 5k Indian rupees in doge. Bought at 27 INR. Just 184 doge coins. Now in a little dip. This 5k is very very small for big investors. But it’s hard earned money for me,” she added.

The woman’s tweet got over 4,541 likes on Twitter and was retweeted quite a bit. Since Musk’s tweet, the hashtag trends #dogefather and #DogecoinToTheMoon have been quite viral on Twitter.

Queries for Dogecoin Reach the Highest Score on Google Trends

Of course, members of the Shibe Army helped fuel the dogecoin (DOGE) trends on Twitter as well. “Elon Musk is bringing Scooby Snacks to SNL. I suppose I’ll give in and get a small bag of DOGE,” one individual said.

“Thank you #Dogefather,” another person tweeted. “You made me make back what I lost. Wishing you guys hit that dollar mark.”

Dogecoin is not only making the rounds via shills on Twitter, as there are also thousands of DOGE videos on Youtube, lots of Shiba Inu posts on Facebook, and plenty of dogecoin mentions on Reddit and Instagram as well.

Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk's 'Dogefather' SNL Tweet

Meanwhile, on Google Trends (GT) worldwide statistics, the term “dogecoin” recently tapped a score of 100, which is the highest a search query can get on GT.

Now the term “dogecoin” captured that score on the week of April 11 through the 17th. However, from April 18 to the 24th, the term dipped under the 100 mark to 99 and the platform forecasts an upcoming trend dip. On Saturday evening, the overall dogecoin (DOGE) economy officially captured a $50 billion market valuation.

What do you think about the recent dogecoin rally and Elon Musk’s “Dogefather SNL” tweet? Let us know what you think about this subject in the comments section below.

Comments

Popular posts from this blog

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Year of sponsorships: Celebrities who embraced crypto in 2021

From Matt Damon appearing in a TV spot for Crypto.com to Kim Kardashian shilling EthereumMax, 2021 saw celebrities with higher profiles getting into crypto. Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets. In June 2021, Kim Kardashian promoted EthereumMax (EMAX) via an Instagram story shared with  her more than 200 million followers . The token, which was used as payment for online ticket purchases for some pay-per-view events, gained 116,000% in just one week following the celebrity’s activity before falling more than 99% and leaving many investors in the red. Kim Kardashian promoting EthereumMax on Instagram Stories, June 2021. Source: Instagram Though EthereumMax is somewhat of a cautionary tale for cry...

Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs

While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more than 10% in value during the last 24 hours. The largest rebase token economies such as Wonderland, Olympus, and Redacted Cartel have shed between 36% to 55% over the last week. Top 3 Rebase Token Protocols Shed Billions in Value Over the Last Week, Wonderland Down 87% Since High On the first day of November 2021, Bitcoin.com News took a deep dive into the Olympus DAO and the reserve-backed asset called OHM . Olympus is a decentralized finance (defi) project that is described as a rebase token and since Olympus started, a myriad of Olympus forks have been born. Essentially, rebase token protocols adjust the token supply in a periodic fashion or when the price fluctuates. Olympus was once ...