Dogecoin (CCC:DOGE-USD) is a polarizing currency. There are many investors who are quick to ignore it, largely due to its Shiba Inu logo and its status as a “meme coin.” However, there are many who are firm in their beliefs that DOGE can truly be the global currency of the future. In fact, the coin has amassed a following not only from amateur investors, but also from crypto influencers and even celebrities. So which celebrities have supported Dogecoin this year?
Hardly anyone saw Dogecoin explode from 1 cent to 73 cents in just a few weeks. Nonetheless, it happened and spawned a wave of meme tokens that were intended to reach even a fraction of the value that DOGE saw in its 7,200% run.
Celebrities also became a big part of the cryptocurrency ecosystem this year. Some supported DOGE with an investment, while others sought to adopt the currency for their own businesses. An eccentric billionaire even worked closely with the developers of the coin. Let’s take a look at those who helped propel Dogecoin to new heights in an unprecedented 2021.
Which celebrities helped send a DOGE rocket ship in 2021?
When one thinks of the largest Dogecoin bulls in the world, two names are likely to emerge first. One of them is Elon Musk. In fact, the Tesla (NASDAQ:TSLA) mogul is one of the most exuberant supporters of Dogecoin.
Musk has spent the entire year intermittently tweeting about the flagship pupcoin. His tweets have been critical to DOGE’s earnings, and he recently said that Dogecoin is one of three cryptocurrencies he owns. But more than just tweets, Musk has provided users with legitimate ways to use their DOGE holdings. Musk recently placed merchandise on the Tesla webstore that could be purchased with Dogecoin.
Musk is also not new to Dogecoin; It turns out that the billionaire is key to the development of the currency. In May, it came to light that the entrepreneur had been working in an advisory role alongside the developers on the changes to the Dogecoin network. In this sense, it is woven into the very fabric of the project.
But beyond Musk, there is another great DOGE bull in Mark Cuban. The billionaire and owner of the Dallas Mavericks says he initially bought DOGE in early 2021 to teach his son. But he says he quickly became a fan of the coin as a means of transaction. Since then, Cuban has talked about the future of Dogecoin as a common way to pay for goods and services. He has taken things to a new level by making Dogecoin a valid payment method for Mavericks merchandise and game tickets.
Musk and Cuban are not alone, although they are two of the most involved Dogecoin owners in the world. There are a handful of other DOGE bulls that were revealed throughout the year. Celebrity chef Guy Fieri let investors know he’s a fan of the coin with a Photoshop edit. Musicians Snoop Dogg, Lil Yachty, Kevin Jonas and Gene Simmons have tipped off their fans of their DOGE fandom. However, none of these celebrities have anything on adult film star Angele White, who tells her followers that she has been a DOGE owner since 2014, making her an early adopter of Dogecoin.
As of the date of publication, Brenden Rearick did not hold (directly or indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author and are subject to the InvestorPlace.com Posting Guidelines.
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8 celebrities barking for Dogecoin until 2021