Dogecoin's price jumped as high as 35% after Elon Musk tweeted 'Dogecoin to the Moooonn' in a Twitter poll on the future of crypto

Dogecoin jumped as much as 35% in 24 hours as Tesla CEO Elon Musk tweeted about the cryptocurrency.
The cryptocurrency's price later dropped again before climbing back to about 25% gains.
Year-to-date returns on the meme-based cryptocurrency were about 1,032.91%, according to CoinDesk.
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Elon Musk, chief executive at Tesla and SpaceX, drove the price of Dogecoin cryptocurrency by as much as 35% higher with a series of tweets late Saturday.

The digital currency hit an all-time high of $0.065448, up about 35% from its 24-hour low of $0.048356, according to CoinDesk. The cryptocurrency's price later dropped again before climbing back to about 25% gains.

Year-to-date returns on the cryptocurrency were about 1,032.91%, the site said. The cryptocurrency had a market capitalization of about $7.81 billion early Sunday.

Musk on Saturday night posted a Twitter poll, asking his 45.8 million followers to choose "the future currency of Earth."

He gave two options: "Dogecoin to the Moooonn" or "All other crypto combined."

The poll resulted in 71.3% of the 2.4 million voters saying that "Dogecoin to the Moooonn" would be the future of currency.

Last week, Musk sent the coin up 59% with another series of tweets, where he called Dogecoin "the people's crypto." He's also boosted bitcoin, and has been a vocal supporter of the Reddit group Wall Street Bets. Dogecoin has benefited from the mania driven by that group.

Just before midnight in California, Musk added another tweet, building off a meme he'd posted last week. On February 4, he posted a drawing ripped from "The Lion King," with himself as Rafiki, the cartoon monkey, holding up a baby - Simba in the movie, but the Dogecoin dog in Musk's version.