Elon Musk tweets his support over proposed Dogecoin changes
Dogecoin got a price bump Monday out of another Elon Musk tweet, this time in support of a proposed update. Elon Musk, the at-times controversial SpaceX founder and stop-and-go crypto supporter, voiced his support late Sunday for a set of major updates to the Dogecoin (DOGE) blockchain. The changes would drastically redesign the cryptocurrency’s software architecture and alter its token economics.The popular “joke crypto” appears to be gearing up to become a serious utility coin after a massive influx of capitalization earlier this year. It remains to be seen whether the updates Musk....
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Elon Musk has continued his Dogecoin rhetoric. The Tesla CEO Elon Musk sent the cryptocurrency world into a tizzy this weekend with tweets about the Bitcoin joke asset called Dogecoin. Unfortunately, his tweets have now spiked the price of the Shiba Inu, another meme coin. Related Reading | NFL Star Tom Brady Determined To Stake Big […]
Dogecoin finds an unsurprising supporter in these gloomy crypto market atmosphere in the person of none other than the all too familiar Elon Musk himself. After declaring on Twitter that he will “keep supporting Dogecoin,” the popular crypto’s price spiked 8% to $0.058, Monday. Anything Musk says on Twitter – about DOGE or anything else […]
CryptoLaw firm founder and host John Deaton has warned Elon Musk that his crypto project could face the same legal problem over his frequent tweets promoting Dogecoin as Ripple (XRP) suffers. Deaton mentioned the wealthiest man in the world while responding to the tweet of a person named JayB, who criticized SEC’s Gary Gelson over […]
Since Elon Musk appeared on SNL in May, Dogecoin has crashed more than 75%. On Tuesday, the meme coin became the worst performing digital currency as investors fled. Dogecoin Unholy Romance With The Dogefather Earlier in the year, Elon Musk began tweeting about Dogecoin. His tweets served as a good signal for crypto investors as […]
Elon Musk, CEO of Tesla and Spacex, has doubled down on its bet that dogecoin can become a currency able to address Tesla’s new set of environmental requirements. The entrepreneur has tweeted he is now working with Dogecoin developers to improve the currency, hoping it can evolve to be more energy efficient in the future. Elon Musk’s Dogecoin Vision Elon Musk is at it again. Having raised awareness about the energy consumption and the carbon footprint of the Bitcoin (BTC) network, he has now presented a contender of his own to fulfill the role of a green, sustainable currency....