Elon Musk Adds Billions to Dogecoin's Market Cap by Joking About Accepting It for Tuition Fees

Elon Musk Adds Billions to Dogecoin's Market Cap by Joking About Accepting It for Tuition Fees

The market cap of Dogecoin added $3 billion within minutes after Tesla CEO Elon Musk tweeted that his imaginary university would accept the original meme cryptocurrency as payment for tuition fees.

$3 billion in Doge market cap added since this tweet. pic.twitter.com/4nYY3IrZEV— TradingView (@tradingview) October 31, 2021

Musk also quipped that students who have a dog would be able to get an unspecified discount.

Saving my #DogeCoin so my son's can attend TITS University— Muffin_v1.14.4 (@JustinScerini) October 31, 2021

Despite a recent push from Musk, Dogecoin remains below Shiba Inu on CoinMarketCap.The “Dogecoin killer” is up 7% over the past 24 hours despite a rebuke from famed whistleblower Edward Snowden.

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