Dogecoin mascot appeared in the sky during the launch event for Gigafactory in Texas, pushing the coin’s price up briefly
Dogecoin price rose briefly as Elon Musk sent a Shiba Inu mascot into the night sky using drones during the Texas Gigafactory launch event, as reported by Fortune.
Dogecoin mascot at “Cyber Rodeo” event
Tesla boss and Dogecoin fan Elon Musk warned that this launch event could turn out “the biggest party on earth.” It was called “Cyber Rodeo” since a bunch of neon-lit displays were lit and autonomous drones were used to make a light show in the sky. It was made to celebrate the opening of the most recent Gigafactory of Tesla in Texas.
During the event, many guests (Tesla had asked the authorities for permission to host 15,000 guests) saw a mascot of the original cryptocurrency Dogecoin made up of drones.
The party started at 4 p.m. Texas time, and it took place less than two weeks after Tesla opened the first Gigafactory in Europe—Berlin. Now, the overall amount of Tesla Gigafactories around the globe is six, including Shanghai and the factories in several U.S. states.
While the video of Shiba Inu appearing against the dark sky at the Tesla party surfaced on numerous accounts on Twitter, the price of Dogecoin briefly jumped more than 5% earlier today to hit $0.1527.
However, by now, the meme cryptocurrency has retraced to the $0.1453 level.
Elon Musk joins Twitter board with 9.2% stake; is it good for DOGE?
Earlier this week, U.Today reported that the Tesla chief had joined Twitter’s board after disclosing the purchase of a 9.2% stake in Twitter, which has $73.5 million. TWTR shares.
This made Musk the single biggest shareholder of the company. The agreement signed with Twitter does not allow him to buy more than 14.9% of shares.
Musk said he looks forward to working with Twitter CEO Parag Agrawal and Twitter’s Board of Directors to “deliver meaningful improvements to Twitter in the months ahead.”
Among these improvements, apparently, will be the addition of an edit button. Prior to the day when Musk’s investment was revealed, he had run a poll asking the community if they want an edit button and if they agree that Twitter does not allow for free speech.
Many members of the Dogecoin army expect Musk to integrate DOGE with Twitter by adding a DOGE toggle functionality (tipping in BTC and ETH has already been adopted by the social network) or integrate the cryptocurrency meme d ‘another way.
