During the “Cyber Rodeo” which Elon Musk organized to celebrate the opening of the most recent Gigafactory of Tesla in Texas, a drone show was made. The amazing show featured many icons like Nikola Tesla, the Cyber Rodeo sign, Cybertruck, and a Shiba Inu meme of Dogecoin.
After 15,000 guests and a lot more people on the internet saw the symbol of the original meme cryptocurrency, Dogecoin made up of drones, the crypto price surged by over 5%, hitting $0.1527.
But it didn’t last long, because now, the Shiba Inu meme crypto has retraced to the $0.1408 level.
A total of 1.3 billion Shiba Inu were removed from circulation on Saturday. Which constitutes an equivalent to nearly $32,155 in fiat.
- Elon Musk Says Tesla Will Start Accepting Dogecoin
- Musk Said That He Still Owns and Won’t Sell His Crypto
Due to their size, some transactions stand out from all the rest. Three transactions burned more than 100 million Dogecoin. While another three moved between 210 million and 270 million tokens to a dead-end wallet.
Everybody knows that SpaceX founder is a supporter of the Shiba Inu meme from the very first beginning. Musk has recently Proposed to accept dogecoin payments to the Twitter Blue premium service. Also, Tesla CEO says that his company, Tesla will start accepting Doge. He has even built The first-ever Tesla Supercharger station that accepted Dogecoin as payment in Santa Monica, California.