Snoop Dogg and Gene Simmons be part of Elon’s Musk’s ‘Dogecoin military’ By Cointelegraph

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Snoop Dogg and Gene Simmons be part of Elon’s Musk’s ‘Dogecoin military’

Rapper Snoop Dogg and Kiss’ Gene Simmons have been each expressing their assist for the “Doge Military” over the weekend alongside Tesla (NASDAQ:) CEO Elon Musk. Because of this, the cryptocurrency’s worth has rallied as soon as once more by 27% on Feb. 7. DOGE is the native cryptocurrency of Dogecoin, which has change into a family identify in current months.

Following the Gamestop and Robinhood saga, many merchants rushed into the cryptocurrency market. DOGE was the primary cryptocurrency that noticed retail worry of lacking out (FOMO), particularly among the many r/Wallstreetbets group members.

DOGE/USDT 1-day candle worth chart (Binance). Supply: TradingView.com