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Those suffering sleepless nights from the latest cryptocurrency crash can find some comfort in the words of rap star and Dogecoin<\/strong> (CRYPTO: DOGE<\/a>) aficionado and NFT kingpin Snoop Dogg.<\/strong><\/p>\n What Happened: <\/strong>On Sunday, the artist, told his 19.4 million Twitter followers to \u201cBuy Low\u2026Stay High!!\u201d<\/p>\n Cryptocurrency investor Anthony Pompliano<\/strong> called Dogg a \u201clegend\u201d in response.\u00a0<\/p>\n Legend<\/p>\n \u2014 Pomp \u00a0(@APompliano) January 23, 2022<\/a><\/p>\n<\/blockquote>\n Snoop\u2019s post was retweeted 18,400 times and garnered over 94,000 likes at press time. The artist also gathered plenty of traction on r\/Dogecoin\u00a0\u2014\u00a0a Reddit forum dedicated to discussing the meme coin.<\/p>\n Reddit user ToffielMia said, \u201cThis dude definitely knows about staying high. I think We all should listen to him.\u201d<\/p>\n User Sorry_Anxiety6424 said, \u201cHe’s right, if no one sells the price all stay high!\u201d<\/p>\n Some social media posters commented on the difficulties involved in taking a chilled-out approach.\u00a0<\/p>\n I\u2019d love to be able to buy low but haven\u2019t been able to get into a good project that is low. So many of these projects are above .1 eth, makes it hard for the average person to get in<\/p>\n \u2014 KT (@KT01) January 23, 2022<\/a><\/p>\n<\/blockquote>\n Apache2005 commented on r\/Dogecoin, \u201cHe\u2019s also a millionaire so easy for him to say.\u201d<\/p>\n See Also: <\/em>How To Buy Dogecoin (DOGE)<\/em><\/a><\/p>\n Why It Matters:<\/strong> Snoop Dogg is among the growing legion of celebrities<\/a> that own non fungible tokens. He owns a full set from The Bored Ape Yacht Club collection. He also owns pieces from the Cryptopunks, Artblocks, and XCOPY range of NFTs.<\/p>\n Over the week, the total cryptocurrency market cap has declined from $2.04 trillion to $1.63 trillion, a fall of nearly 20.1%.<\/p>\n Ethereum<\/strong> (CRYPTO: ETH<\/a>), the network on which a vast majority of non fungible tokens are hosted, saw its namesake token fall drop 25.67% over a seven-day period. At press time, ETH traded 1.7% higher over 24 hours at $2,455.36.<\/p>\n Meanwhile, DOGE, a meme coin that Snoop Dog supported in February by tweeting a meme<\/a> alongside Tesla Inc<\/strong> (NASDAQ:TSLA<\/a>) CEO Elon Musk<\/strong> last year, dropped nearly 19.4% over the week. At press time DOGE traded 2.3% higher at $0.14.<\/p>\n Read Next: <\/em>Awkward: What If Dragons Hoarded Cryptos Like Dogecoin Or NFTs Instead Of Gold?<\/em><\/a><\/p>\n Photo: Courtesy of\u00a0J\u00f8rund F\u00f8reland Pedersen via Wikipedia<\/a><\/em><\/p>\n<\/p><\/div>\n\n
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