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....
Related News
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 […]
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 […]
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 […]
Elon Musk, CEO of Tesla, revealed through Twitter on Friday that his space exploration company Spacex will soon take Dogecoin as a form of payment. This raised the value of Dogecoin. Shortly after the tweet, Dogecoin surged as much as 10 percent to nearly 9 cents, partially correcting Thursday’s 6.14 percent decline, as DOGE closed […]