If you’ve been on the Internet, you have had to heard Pinkfrog’s ‘Baby shark’ song, which went viral in 2020, and has since become one of the most viewed videos on YouTube, beating top songs like Despacito. If you thought a year later the song was out-dated, Tesla CEO and SpaceX boss, Elon Musk just brought it back – with a small twist. Changing the lyrics, Musk has changed the shark to ‘Doge.’ Dogecoin started as a joke. In 2021, however, the joke appears to have turned on those who didn’t take the meme cryptocurrency seriously. The meme-cryptocurrency Elon Musk wouldn’t stop tweeting about reached an all-time high in mid-April, crossing 10 cents for the first time. While the rally has led to occasional surges, the result of a semi-ironic movement that’s involved thousands of buyers, tens of thousands of online posters and the world’s richest man, Elon Musk, its unlikely the currency is going “to the moon.”
‘Baby Doge,’ just might. While Musk’s ‘Doge’ version of ‘Baby Shark’ witnessed a minor change in Dogecoin’s value, with 3% gains, but the overall value over 24 hours still remained in negative. A spin-off of Dogecoin, ‘Baby Doge,’ however, saw a more lasting impact. Musk tweeted, “Baby Doge, doo, doo, doo, doo, doo,” a reference to the well-known kids’ song “Baby Shark.” The hashtag #babydoge trended following the tweet.
Baby Doge, was up nearly 40% almost instantly, according to CoinMarketCap. The price of the coin more than doubled after Musk’s message, according to data from CoinGecko – it showed that the price rose to $0.000000002000 at 10:53 a.m. in New York from $0.000000000916 just before the tweet. As of 8:15 AM IST, (+5:30 GMT), it has witnessed a 98.07% rise in 24 hours, with the current price being $0.00000001.
