Meek Mill is officially part of the Dogecoin stock market wave.
On Tuesday (May 4), the Philadelphia rapper shared via his Instagram story that he bought $ 50,000 from Dogecoin, a cryptocurrency that has recently skyrocketed in value. When Meek cashed out his cryptocurrency, Doge was worth $ 0.541058. This means he had $ 92,411 in Dogecoin at the time of his purchase.
Meek Mill captioned his IG Story post: “I just caught dog birds too much money for me lol”, followed by several praying hand emojis.
He also tweeted yesterday afternoon: “I just grabbed a doge I’m tired of missing out on.”
Meek appears to have first shared his interest in stocks and cryptocurrency back in January, tweeting: “I need everyone I am passionate about to learn more about stocks and cryptocurrency !! !!!! ASAP !!!!!! “
According to a report by Market surveillance This week, Dogecoin, the cryptocurrency meme associated with a dog Shiba Inu and gained popularity with the founder of Tesla Elon muskCosign, increased by more than 14,000 percent in 2021. Thus, cryptocurrency is now one of the top 10 digital assets. Nasdaq even named Dogecoin one of the cryptocurrencies to watch in March.
Stocks and cryptocurrency have been a hot topic in hip-hop lately.
In January of this year, Ja Rule called Robinhood, a stock trading app, after the app started issuing stipulations prohibiting users from purchasing certain stocks. This is all due to the fact that Reddit users bought Gamestop shares, which resulted in a drastic increase in the stock. The video game retailer had announced numerous store closings last year.
Ja’s qualms about Robinhood’s move was the app that tried to stop people from buying or trading the stock, which had become extremely valuable, barring investors or stock buyers from earning a ton silver.
Stocks and cryptocurrency are a big deal. Do not sleep.
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