On February 4, the head of Tesla and SpaseX posted a photo on his Twitter-account: the Falcon-9 rocket soars against the background of the moon in the middle of outer space. Musk captioned the photo ambiguously: Doge. That hour Dogecoin went "On the Moon".
In just 45 minutes, it rose by 150%. Simultaneously with this post, Musk removed "#bitcoin" from his profile description.
This push of the meme token was only the first impetus, as traders from Reddit turned their attention to the coin, and here we go …