With an allusion in the song "Baby Shark", Elon has increased the price of the cryptocurrency by 228 percent.

Elon Musk has unveiled a new cryptocurrency for himself.

He tweeted: "Baby Doge, doo, doo, doo, doo, doo ..."

The tweet is a reference to the rhyme of the song Baby Shark from 2016. By "Baby Doge", Musk does not mean Dogecoin, but actually the cryptocurrency "Baby Doge".

Thanks to his tweet, this cryptocurrency increased by 228 percent within 24 hours.

The price of Dogecoin also increased because some users probably did not realize that Musk meant the Baby Doge coin.

babydog

Despite Elon Musk's backing, Baby Doge still isn't worth much.

A regular Dogecoin is worth at least $0,269976. /Telegrafi/

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