Tesla CEO Elon Musk has reacted to Dogecoin eclipsing that of the Ford Motor Company with the “Face with Tears of Joy” emoji.
Earlier today, the market cap of the meme cryptocurrency reached $56 billion after peaking at $60 billion on Apr. 16.
Despite giving up some of its Doge Day-driven gains, the coin is still worth more than Ford. The market cap of the iconic car manufacturer is currently sitting at $44 billion.