A little-known cryptocurrency has risen in price by 2300% because of a joke of a Chinese comedian

Not only Elon Musk can increase the value of unknown digital coins with his jokes. The Doge King token has risen in price by 2300% after a Chinese comedian joked about the metaverses on the air of the state TV channel.

Comedian Shen Teng performed at a gala concert in honor of the Lunar New Year. The comedian told the story of a man who does not want to repay debts, and argues the lack of money by investing in cryptocurrencies (an “organization” banned in China).

In the role of a debtor, Shen Teng says that he has invested in the pet business in the metaverse and will become a dog king. Such a statement led to the fact that the Doge King cryptocurrency rate increased more than 20 times in just two hours - from $0.000000000427 to $0.00000000092.

A source: pandaily