Mia Khalifa Invests in Dogecoin During 400% Extreme Price Rally
2 min read
OnlyFans star Mia Khalifa has bought Dogecoin it seems, according to a tweet published today.
“Okay I caved and bought the dog stocks lmaoooooo,” she told her 3.4 million-strong Twitter following.
Okay I caved and bought the dog stocks lmaoooooo
— Mia K. (@miakhalifa) January 29, 2021
Here Khalifa appears to be referencing the popular cryptocurrency Dogecoin, which is a “memecoin” originally created by Jackson Palmer as a joke. But after the founder left the project, it somehow continued and ended up becoming a fan favorite. The cryptocurrency is based on the “Doge” meme featuring a Shiba Inu dog called Kabosu.
On January 27, Khalifa also revealed that she had been buying small amounts of actual stocks that were being pushed by the infamous Wall Street Bets subreddit, including GameStop, which rose to a peak of $469.
I am playing with pennies
pic.twitter.com/lVk4SBwi5i
— Mia K. (@miakhalifa) January 27, 2021
Dogecoin’s has often seen large spikes and drops (sometimes due to campaigns on TikTok to try to get it to reach $1). But in the past day, its price skyrocketed, reaching a new all-time high of $0.078—up 400%.
The pump followed a tweet by the unofficial WSBChairman account on Twitter, which isn’t run by those behind Wall Street Bets. This account rose from 12,000 followers on Tuesday to 750,000 today—giving it more influence. The account simply tweeted, “Has Doge ever been to a dollar?“
Has Doge ever been to a dollar?
— WSB Chairman (@WSBChairman) January 28, 2021
While the WallStreetBets subreddit rejects cryptocurrency in general, many other WSB-themed groups have set up on Telegram, Discord and other places—where a lot of them have been shilling Dogecoin excessively.
But it seems that Khalifa has caught the top of the pump. At the time of her tweet, Dogecoin was at $0.074. Since then, it has fallen to $0.048, down 35%.
