That capped Elon Musk's years-long flirtation with cryptocurrencies, which has mostly played out in Twitter memes – some of them market-moving. That's seen as a reference to Dogecoin, a cryptocurrency started as a joke in 2013 that features a Shiba Inu dog as a mascot. Read MoreDecember 2020Mr Musk asks about converting "large transactions" of Tesla's balance sheet into Bitcoin during a Twitter conversation with Michael Saylor, CEO of MicroStrategy. January 2021Dogecoin becomes a retail-trader obsession thanks in part to a Mr Musk tweet showing a "Dogue" magazine cover. February, 2021Dogecoin briefly touches a record after Mr Musk as well as fellow celebrities Snoop Dogg and Gene Simmons tweet about it.

Source: Irish Independent February 12, 2021 02:37 UTC