Conagra Meals (CAG), Tesla Motors (TSLA) – Dogecoin Will get Snickers, Milky Method Backing Forward Of ‘Doge Day’

Dogecoin (DOGE) has now obtained assist from the sweet bar world, with Snickers and Milky Method selling the meme-centric cryptocurrency forward of Tuesday, April 20, which some Dogecoin followers have declared because the “Doge Day.”

What Occurred: In a tweet, Snickers launched an image of the Shiba Inu canine from Dogecoin with the message “DogecoinRise” featured on a Snickers pack. The chocolate bar model additionally included the hashtag “DogeDay”, which is at the moment trending within the U.S.

Snickers, manufactured by the confectionery firm Mars Inc., has 408,600 followers on Twitter. Referring to the Doge-themed pack, Snickers mentioned it’s not releasing a limited-edition Snickers bar for DOGE buyers and that it was solely a “cool #doge gif.”

Milky Method, one other sweet bar model manufactured by Mars Inc., tweeted, “@DogecoinRise to the Milky Method, not simply the moon!” Milky Method was apparently attempting to exchange the favored “to the moon” phrase with “to the Milky Method.”

See Additionally:  Purchase Dogecoin (DOGE)

Why It Issues: Dogecoin has rallied over the previous week and hit an all-time excessive of $0.4377 final Friday, lifted by the social media buzz across the cryptocurrency. The altcoin has risen 18.6% prior to now 24 hours and is buying and selling at $0.3843 at press time. Compared, apex cryptocurrency Bitcoin (BTC) has fallen 4.0% prior to now 24 hours to $54,452.92.

Final week, Dogecoin hit the psychologically essential mark of 20 cents after Conagra Manufacturers Inc. (NYSE:CAG) touched on how DOGE and Dogecoin had been a “pure match” for the corporate’s Slim Jim model through the firm’s quarterly earnings name. Slim Jim is a smoked meat stick snack.

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk usually tweets about Dogecoin and these tweets additionally typically have an effect on the worth of the cryptocurrency.

Dogecoin followers on social media at the moment are gunning for the joke cryptocurrency to hit 69 cents on “Doge Day.” April 20, abbreviated 4/20 within the U.S., is taken into account as an event for smoking or celebrating the smoking of hashish. The reference to 4/20 is important as Musk usually mentions the quantity.

Learn Subsequent: One Meme To Rule Them All: Dogecoin Outpaces Cryptocurrency, WallStreetBets Communities On Reddit

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