Elon Musk in the documentary on Dogecoin
One of the producers of the new documentary on Dogecoin, Tridog, shared his thoughts on the Web3 project, saying they will try to get Elon Musk involved as well.
Summary
- Dogecoin documentary: Tridog talks about involving Elon Musk
- Dogecoin and Elon Musk: the continuing link between the crypto and its influencer
- Doge documentary: what other projects will be included?
- Pepe The Frog has surpassed Dogecoin and has also been mentioned by Elon Musk
Dogecoin documentary: Tridog talks about involving Elon Musk
Tridog, one of the producers of the new documentary on Doge, described his ideas for the Web3 project in an interview with Coindesk, saying that they will also try to involve Elon Musk.
The new documentary on Doge was already pre-announced last April, with a tweet from the producer showing the preview:
Announcing THE Doge Documentary!
It’s FINALLY time to celebrate nearly 2 decades of #Doge & @Kabosumama
This will be the FIRST EVER feature length film about Doge when completed.
Here’s a never-before-seen sneak peek: pic.twitter.com/cnTeMrwmpT
— tridog (@tridog) April 10, 2023
As Tridog says, the Dogecoin (DOGE) crypto is only part of the story, but it’s not the whole story.
And in fact, what is in the works is Doge, meaning “Own the Doge,” the DAO that holds the DOG tokens that are parts of an NFT of the original Doge photo, sold by Atsuko Sato, for 1,696.9 ETH, which was worth $4.8 million at the time.
The “Own the Dog” DAO sees about 15 thousand DOG holders and represents the project’s treasury of about $3 million.
Not only that, Tridog announced in his plans that he would involve Elon Musk in the documentary about Doge, the crypto-influencer par excellence of the meme coin. The final idea would be to send Doge’s photo into space, into lunar orbit, a project that would see collaboration with SpaceX.
Dogecoin and Elon Musk: the continuing link between the crypto and its influencer
It has been years now that Elon Musk, current owner of Twitter as well as CEO and founder of SpaceX and Tesla, has been involved with the crypto Dogecoin (DOGE), often influencing the price of the meme coin with his tweets.
For this very reason, Musk could not fail to be involved in the first and new documentary on Dogecoin, even though the crypto represents part of Doge’s history.
For example, looking at 2021, the price of DOGE rose 23,000%. A rally that appears to have been triggered by billionaire Elon Musk.
Specifically, DOGE had reached its all-time high in price at $0.76 in May 2021, after Musk called it a “hustle,” during his appearance on Saturday Night Live.
Moving beyond 2022, which was characterized by the long crypto winter, this year Musk’s latest pro-DOGE move was his decision to temporarily change Twitter’s logo. Instead of a blue bird, Twitter had Dogecoin’s little dog as its logo.
This move immediately saw a 27% increase in DOGE’s price over the next 12 hours, but also a lot of criticism.
And indeed, Bitcoin supporters, for example, expressed disgust at the logo change, while others insisted that the billionaire was promoting unregistered securities.
Doge documentary: what other projects will be included?
In addition to Musk, Tridog also highlighted other projects that are relevant to Dogecoin’s story.
Among them are generosity projects such as the largest donation ever made by the crypto: $1 million in cryptocurrency to Save the Children. Since then, Doge has continued to work with Save the Children and other dog charities.
Not only that, Doge has also provided funding for the Jamaican bobsled team “Cool Runnings.”
Another project, also in the works, is “Bronze the Doge,” the statue initiative. This is the creation of a bronze statue of Kabosu, the original NFT dog turned DOG, to be placed in his hometown of Sakura, Japan.
In this DOG Documentary, there are many stories to tell. For the funding of the film, Trigor then specified that they are implementing a hybrid model, based on blockchain and traditional models to go mainstream.
Pepe The Frog has surpassed Dogecoin and has also been mentioned by Elon Musk
Recently, Musk apparently felt like joking on Twitter with another meme coin that features another animal protagonist, Pepe The Frog.
As early as April 2023, when Pepe (PEPE) was launched, the meme coin has had a surge of interest from investors who seem to have earned attractive amounts of money.
Not only that, PEPE has also surpassed in daily trading volume the queen of meme coins, DOGE. Yesterday, PEPE had recorded $227K in volumes in the last 24 hours, compared to DOGE’s $168K. All this happened even before Musk’s involvement.
This does not detract from the fact that PEPE remains in 68th place, while project-rich DOGE is in the top 10 crypto rankings by market capitalization.
And indeed, even at the time of writing, the daily trading volume situation appears to have changed. PEPE is at $187,000 compared to DOGE’s $201,000.