Could MrBeast Go All-In On Dogecoin?
THIS Is Why The World's Greatest YouTuber's Destiny Is Doge
MrBeast is the undisputed king of YouTube, captivating the Internet with his viral videos.
Lately, he’s been growing his presence on 𝕏, and has dropped a few hints about Dogecoin.
Let’s take a look at why a Beast/Doge partnership is inevitable.
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Jimmy Donaldson, aka MrBeast, is the world’s most succesful YouTuber, using outrageous stunts, eye-popping cash giveaways, and heartening philanthropy to build an audience of more than 200 million subscribers.
But could his next big move involve Dogecoin?
A Dogecoin-MrBeast connection makes sense because MrBeast is a master of online virality.
No one in the universe understands how to capture attention on the Internet quite like MrBeast, so it makes sense that Dogecoin—the most viral cryptocurrency—caught his eye.
His Dogecoin journey started in February 2021, when he responded to Elon’s Dogecoin “Ɖ is for Ɖogecoin! Instructional video” by joking that he might YOLO into Doge.
The same month, he told an interviewer he tried to invest $500k into Dogecoin when it was half a penny, only to be stymied by Robinhood's purchase limit of $50k/day.
In the interview, he explained why he thought Dogecoin will be valuable: “It’s just funny—that’s why I think it will be valuable, and that’s what I wanted to put that kind of money into it…the Internet’s weird.”
A few months later, he did an ad for Coinbase featuring Dogecoin alongside Bitcoin and Ethereum.
MrBeast's affinity for Doge deepened in October 2021, when his ocean-cleaning project TeamSeas made Dogecoin an official payment option. The project led to the removal of 20 million pounds of trash from the ocean.
In 2022, when Elon proposed eating a happy meal on TV if the chain accepted Dogecoin, MrBeast’s hamburger start-up floated the idea of taking Doge as well.
Since he started paying attention to Doge, MrBeast has increasingly entered Elon’s orbit, burnishing his Twitter/𝕏 credentials as an Elon reply guy.
This year, MrBeast has been making big moves to grow his presence on 𝕏.
In January, he posted a video to 𝕏 for the first time. It quickly racked up 175M views and generated $250k in ad revenue.
In a genius stroke, he used the ad rev for a giveaway, which became 𝕏’s most reposted post ever.
Last Friday, MrBeast published another video about rescuing 100 stray dogs and partnering them with homes.
The video evoked the story of the original Doge Kabosu, who was rescued from a kill shelter and, through a series of serendipitous events, became the Internet’s most iconic meme.
In the video, MrBeast’s shelter featured a giant blow-up Shiba Inu outside its doors.
Doge community member DogecoinNorway reposted the video with the commentary “Dogecoin,” leading to a follow from a *fake* MrBeast account, and a real like from Elon.
The combination of MrBeast and Dogecoin makes tons of sense.
MrBeast is a master of online virality, while Dogecoin’s innovation is to tie blockchain technology to viral memes.
Similarly, MrBeast and Dogecoin are both bound up the idea of using the Internet as a force for good. Dogecoin is the ultimate gifting cryptocurrency, and MrBeast is the Internet’s most effective philanthropist.
MrBeast has shown increasing awareness of Dogecoin in recent years as he’s drifted into Elon’s orbit. His growing presence on 𝕏 is setting the stage for an unstoppable Beast/Doge partnership.
It’s no surprise that MrBeast and Dogecoin are converging. When they collide, the Internet will never be the same.
What do you think: will MrBeast go all-in on Dogecoin?
Dogey Treats: News Bites
Elon highlighted an old post of his for a proposed university called Texas Institute of Technology and Science (TITS) where tuition can be paid in Dogecoin. He resurrected the idea over the weekend, asking, “Should I make the Texas Institute of Technology & Science real?” and liking another post about Doge tuition.
ESPN commentator Stephen A Smith highlighted a post from ex-Dogecoin CEO @greg16676935420 in a hilarious segment on his show.
Memes of the Week
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Disclaimer: This is not financial advice and I am not a financial advisor. The article above references an opinion for entertainment purposes only and it is not investment advice. Always assume that the author of the article is actively trading and that the opinions expressed may be biased towards the author’s holdings. Do your own research and consult with a licensed financial adviser before making any investment decision. Do not treat any opinion expressed in this newsletter as a specific inducement to make a particular investment. Content, news, research, tools, and securities symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or cryptocurrency or to engage in any particular investment strategy. The information provided is not warranted as to completeness or accuracy and is subject to change without notice. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results and are not guarantees of future results. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, cryptocurrency, or financial product does not guarantee future results or returns. Dogecoin is a speculative and highly volatile asset susceptible to pump-and-dump schemes.
At the time of publication, Dogecoin is around $0.08 per coin.