Dogecoin experienced a significant surge on Thursday, attributed to Elon Musk's promotion of the meme cryptocurrency, hinting it could be accepted as payment for Tesla vehicles in the future. Musk, often referred to as 'The DogeFather', has been vocal about his support for Dogecoin, with tweets about sending $DOGE to the moon and a potential '100x altseason'. This development comes amid broader anticipation of an altcoin season, with predictions of substantial growth in the value of alternative cryptocurrencies, including a forecast of 'Dogecoin to $1' and the release of '18 Meme Coins by April'. Additionally, a $DOGE movie is set to premiere exclusively on 𝕏, further highlighting Musk's involvement as a catalyst for increased interest and investment in cryptocurrencies.
Doggo mission to the moon! 👨🚀 @elonmusk Is a huge fan of $PUPPIES. He has posted about them on February and recently liked a post from a team member of @puppies_cc I don't need to remind you of the last time elon and a dog memecoin crossed paths... 🔗… https://t.co/N3IWSZW5uP
to the moon https://t.co/oCmH01AjCz
'Wolf of All Streets' Expects Mainstream #Crypto #FOMO to Return When $DOGE Hits New All-Time High https://t.co/AqzH8meVyd