Elon Musk’s Shoutout has Paved the Way for Daddy Doge’s Debut

Shiba Inu being supported by the 50 daily SMA

Elon Musk’s video on Twitter, in which he shouts “Daddy Doge” before getting into his car, made a big impression on the meme coin called the Daddy Doge token, which refers to itself as the “Head of the DOGE Family”. Though it is not a direct recommendation by Elon, many crypto traders have joined the flight with this new coin.

The Daddy Doge token is the new rising cryptocurrency at the moment. It runs on Binance Smart Chain, all thanks to Tesla’s CEO shout-out. Daddy Doge coin is not yet available in major crypto exchanges, as it can only be purchased via PancakeSwap.

Daddy Doge has exciting policies, with 3% earnings for each coin holder’s transaction, which is distributed to its loyal holders. It is said to be “unrugpullable”, proving that your investment is safe with its locked liquidity. It has a promising roadmap too, which a lot of crypto traders will look forward to.

With this Daddy Doge trend and an expected surge in sales and a lot of hype, traders will surely jump right in. Still, doing your own research will not hurt at all, particularly with new coins. In no time, its price will rise, because a lot of people will be fascinated by the Daddy Doge coin.

ABOUT THE AUTHOR See More
Sophia Cruz
Financial Writer - Asian & European Desks
Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.

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