Elon Musk brings new cryptocurrency Baby Doge to spotlight and its price doubles after one tweet

You thought Dogecoin was a joke? Now, we have Baby Doge – another meme cryptocurrency that has been brought under the spotlight by the Dogefather Elon Musk.

You thought Dogecoin was a joke? Now, we have Baby Doge another meme cryptocurrency that has been brought under the spotlight by the Dogefather Elon Musk. The Tesla chief on Thursday tweeted about Dogecoin spinoff Baby Doge and the cryptocurrency’s value has almost doubled since then. Musk used the lyrics of viral Baby Shark song from last year and used it to refer to Baby Doge. "Baby Doge, doo, doo, doo, doo, doo," he tweeted, as a reference to the well-known kids' song "Baby Shark." The hashtag #babydoge trended on the site following the tweet. Baby Doge price rose by nearly 98 per cent following Musk’s tweet, even though he was bashed by a lot of crypto enthusiasts for the tweet.