Even Dogecoin had its self -branded who raced in an official match, just crashed.
The competition was that of Nascar , which was staged in the United States last Saturday. The driver of the car branded with Dogecoin has evidently lost control of the vehicle, ending up off the track and crashing into the protective barriers.
The tweet posted by the organizers of the competition under the video showing the crash was singular:
sorry you had to see this @elonmusk 🥲
— NASCAR on NBC (@NASCARonNBC) June 19, 2021
In fact, Elon Musk was one of Dogecoin’s top “sponsors” , contributing with his tweets to the vertical growth of the price.
Dogecoin’s car and price
However, the crash of the Dogecoin branded car also represents in a certain sense the difficulties that DOGE is going through.
In fact, in full hype Dogecoin went from worth $ 0.003 to 70 cents. However, after the all-time high reached on May 8, Dogecoin’s price streak reversed. Dogecoin has more than halved its value: it is currently worth 25 cents, with a noteworthy annual growth.
The announcement of the partnership that allowed Dogecoin’s car to race at the Nascar race was made last March 2021, in full hype.
To drive the Chevrolet of BJ McLeod Motorsports, Stefan Parsons .
But in reality Dogecoin had debuted on cars as far back as 2014 , when it was far from its current fame.
He explained the CEO of Springrates Sean Taylor :
“Lately, I’ve been obsessed with learning more about blockchain and the future of decentralized currency. I came up with the idea of including Dogecoin on the car for this race while chatting with Stefan after the season opener at Daytona. It was ironic because I was unaware at the time that his father’s team had previously driven the Dogecoin car in 2014. Maybe that was fate. “
This time it didn’t go very well. The hope of the fans is that DOGE can instead find its path towards new records .