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Another major contributor to dogecoin’s global popularity in more recent years is its growing list of influential celebrity endorsers who frequently voice their support for the Shiba Inu-themed cryptocurrency on social media. The list includes Netflix’s “Tiger King” star Carole Baskin, Kiss co-lead singer Gene Simmons, former professional bodybuilder Kai Greene, former adult film star Mia Khalifa and American rappers Snoop Dogg and Lil Yachty.
The most notable celebrity endorser of dogecoin, however, is none other than Tesla CEO, and the world’s richest man, Elon Musk.
Towards the end of 2020, Musk continued tweeting about DOGE – causing prices to pump 25% on Dec.20 after he posted “One word: DOGE.” He even jokingly commented that dogecoin could one day become the official currency of Mars.
During the WallStreetBets stock market frenzy that gripped the traditional financial markets in January 2021, Musk sent dogecoin prices soaring 800% towards a new all-time high above $0.08 after tweeting an image of a dog on the cover of a “Dogue” magazine.
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