Fueled by Elon Musk Tweet Dogecoin Price Spiked for 23 Seconds

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After Tesla CEO Elon Musk tweeted about Dogecoin, the price of the meme cryptocurrency surged by nearly 5% for 23 seconds on the Binance platform at 11:11 p.m. UTC. 

Musk tweeted complaining that those who use the word “billionaire” as a pejorative are “dumb” and “morally wrong.”

After David Gokhshtein replied t the word “trillionaire” sounds much better, Musk joked that a movie called "Dogecoin Trillionaire" could be made.