The cryptocurrency Dogecoin rose by more than 50% today, Thursday, after the American billionaire Elon Musk on Twitter expressed his support for it, two days after announcing that he would move away from the social networking site for “a while.

Dogecoin jumped to $ 0.05798, according to data on the blockchain and cryptocurrency site Coindesk.

The tweets of Tesla CEO Musk regarding some companies and digital currencies have led to a rise in their prices in the past weeks.

Shares in “GameStop”, “Etsy” and “CD Project” (CD Projekt) jumped, after comments on his Twitter account about them

In the world of cryptocurrencies, Mask had put the hashtag “#bitcoin” (#bitcoin) on his Twitter account, until the most popular digital currency in the world rose last Friday, and he has since removed the tag .