Dogecoin Surges 10% In 24 Hrs After Musk’s Bet

April 14, 2023

At the time of writing, DOGE is trading at $0.09104, 10% up in the last 24 hrs.

With Ethereum crossing $2000 and bitcoin finally going above $30,000, altcoins are also rallying.

Though what might have sparked Dogecoin’s price is Elon Musk’s 1 million doge bet.

Musk offered 1 million DOGE as a reward to anyone who can locate the whereabouts of the emerald mine he is associated with.

Twitter users ‘DogeDesigner,’ offered 69,420 DOGE to any media outlet that can prove the existence of the mine in question, but Musk upped the bet to 1 million.

There have been several media reports that claim Elon Musk used generational wealth to kick start his career that came from an emerald mine that his family owned.

Musk has denied all such reports and claims he has earned his wealth from zero.