Dogecoin: What Would Elon Musk’s 2021 Mother’s Day Gift Be Worth Today?

Sahana Kiran
dogecoin elon musk
Source: fxh

Dogecoin (DOGE), the OG meme cryptocurrency, has been a favorite among several. But one particular endorsement stands out for all the right reasons. Elon Musk, the man behind prominent firms like Tesla and SpaceX, has been a strong supporter of DOGE. Time and again, the world’s wealthiest man exhibited his inclination for the meme coin with tweets or as a payment option. One key moment for DOGE was when Musk hosted NBC’s “Saturday Night Live” back in 2021.

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During this time, he appeared with his mother, Maye Musk. Amidst her special appearance, she wished her son and said, “Well, break a leg tonight. I love you very much.” Along with this, Musk’s mother added, “And I’m excited for my Mother’s Day gift. I just hope it’s not Dogecoin.” Laughing at the same time, Musk replied, saying, “It is.” While this took place back in 2021, a clip of this conversation has been making the rounds during the recent Mother’s Day. This article highlights the growth of the OG meme cryptocurrency over the years.

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Dogecoin’s Price Over The Years

dogecoin mother's day
Source: Watcher Guru

Dogecoin has emerged as a top performer over the past couple of days. The meme coin has recorded a massive 40% uptick during the last week. At the time of writing, DOGE was trading at $0.2435, following a 4.65% increase over the past 24 hours.

Source: CoinMarketCap

The meme coin has sadly witnessed a massive drop over the years. DOGE was trading at a high of $0.6878 on Mother’s Day back in 2021. But during the recent Mother’s Day, DOGE was priced at a meager $0.2425. This accounts for a drop of about 64% during a period of four years. Despite the asset’s importance and relevance in the market, it has failed to keep up in terms of price. The community is hoping to see DOGE reclaim its peak sooner than later.

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