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

Bitcoin breaking new highs in Q4 will ‘temporarily turn alts to dust’ — Analyst

Things will get exciting in quarter four, but not before a convincing floor is put in across crypto, analysts say this week. Bitcoin ( BTC ) was busy losing its overnight gains on Sept. 27 as resistance continued to prove too much for bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst on Bitcoin: “Right now, we’re stuck” Data from Cointelegraph Markets Pro and TradingView  showed BTC/USD dropping to around $1,000 below overnight highs of $44,400 on Bitstamp on Sept. 27.  The move constitutes a rejection at a “critical” zone to break, Cointelegraph contributor Michaël van de Poppe explained, with $42,000 now the key level to hold for a higher low. Bitcoin is acting in an increasingly narrow range, he summarized in his latest YouTube update. “Right now, we’re stuck,” he said, pointing to $47,000 as next should the $44,600 zone be reclaimed. On the downside, the zone between $38,000 and $40,000 remains valid for a bounce, while a co...

Bitcoin Legal Tender in 3 Days but Survey Shows 7 Out of 10 Salvadorans Want Bitcoin Law Repealed

Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in 3 Days The University Institute of Public Opinion (Iudop) in El Salvador conducted a study between Aug. 13 and Aug. 20 of how the public views the country’s upcoming Bitcoin Law. The institute is a research center of the José Simeón Cañas Central American University (UCA). El Salvador’s Bitcoin Law is set to go into effect on Sept. 7 , when BTC will be legal tender in the country alongside the U.S. dollar. A total of 1,281 respondents ages 18 and over participated in this national survey that “represents the entire adult population residing in the country,” according to the institute. Out of all the respondents, 62.4% said they were aware of the approval of the Bitcoin Law by the deputies of the ...

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet

On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to strengthen the company’s Ethereum wallet Metamask and “enhance Web3 experiences.” The eventual merger between the two Ethereum interfaces will “provide users with a heightened experience that is even more extensive and secure,” according to Consensys. Consensys is an Ethereum software company led by one of the Ethereum co-founders Joseph Lubin. The Web3 wallet Metamask, with 21 million monthly active users (MAUs) is owned by C...