Dogecoin Adds $1 Billion To Its Market Cap Folllowing Elon Musk’s ‘Boring Com...
Following Elon Musk’s Boring Company’s announcement, it now allows consumers to pay using Dogecoin. As a result, DOGE has increased by 5% during the past day. But after that, it decreased by over 2%. However, it had a market value increase of almost $1 billion during the past 24 hours. With a market cap of $10.484 billion, DOGE overtook Polkadot and other currencies to rank as the tenth-largest cryptocurrency. According to CoinGecko statistics, DOGE increased by around 13% during the course of the past seven days. The price is $0.07034 at the moment. Related Reading |....
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Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla already accepts the meme crypto for some merchandise and Spacex will soon follow suit. Elon Musk’s Boring Company to Accept Dogecoin Payments The Boring Company, founded by Tesla CEO Elon Musk, will accept the meme cryptocurrency dogecoin for rides on Loop, its Las Vegas transit system, CNN reported Wednesday. Musk previously said that The Boring Company’s....
Following weeks of speculation and extreme volatility, many traders were expecting Dogecoin to surge to new highs from Elon Musk’s Saturday Night Live appearance. In anticipation of the Tesla CEO’s debut on SNL, Dogecoin’s price surged nearly 100% in the past week alone. On Friday, Dogecoin hit its all time high of $0.71 cents — […]
The world’s richest man, Elon Musk, recently posted a picture of a Shiba Inu, Dogecoin’s mascot. However, the Dogecoin price failed to react positively to the post, as it has most times done in the past when Musk made similar posts. Dogecoin Price Fails To React to Elon Musk’s Shiba Inu Post The Dogecoin price failed to surge on the back of Elon Musk’s X post, in which he posted a meme of a Shiba Inu playing a banjo. DOGE has in the past rallied on the back of such posts because the Japanese dog breed is the meme coin’s mascot. Notably, the post comes amid a crypto market downturn, which....
Shortly before Tesla revealed its major bitcoin buy, CEO Elon Musk was pumping doge. But is that funny, or just disingenuous? The post Are Elon Musk’s Dogecoin Tweets Misdirections? Or Just Bad Jokes? appeared first on Bitcoin Magazine.
The $258 billion lawsuit filed against Elon Musk, Tesla, and Spacex over their dogecoin promotion has expanded with new defendants and DOGE investors added. The plaintiffs allege that the meme cryptocurrency dogecoin is a Ponzi scheme, emphasizing that Musk and his companies “falsely and deceptively claim that dogecoin is a legitimate investment when it has no value at all.”
New Defendants and Plaintiffs Added to Lawsuit Against Elon Musk Over Dogecoin
An amended complaint to the $258 billion lawsuit against Elon Musk, Tesla, and Spacex was filed Tuesday in....