Dogecoin gains 8% after Elon Musk says DOGE payments compete with Bitcoin, Et...

Dogecoin gains 8% after Elon Musk says DOGE payments compete with Bitcoin, Et...

The billionaire's latest public praise of Dogecoin yields few returns but a lot of mockery. Dogecoin (DOGE) may need a new marketing strategy after the latest publicity stunt from Elon Musk moved its price by less than 8%.In a tweet on July 8, "Dogefather" Musk argued that Dogecoin could do a better job at payments than Bitcoin (BTC) or Ethereum (ETH).Musk: BTC, ETH "slow" with high feesThe latest in a long line of plugs, the Tesla and SpaceX CEO was responding to crypto YouTuber Matt Wallace, who revealed excitement an upcoming protocol upgrade. "BTC & ETH are pursuing a multilayer....


Related News

Dogecoin Soars After Elon Musk Announces Tesla Will Accept DOGE

Dogecoin got a boost Tuesday morning when Elon Musk announced that Tesla will be accepting dogecoin for some products. Musk has just been named Time Magazine’s Person of the Year and said that DOGE is more suitable for transactions than bitcoin. Tesla Will Begin Accepting Dogecoin Tesla CEO Elon Musk has announced via Twitter that his electric car company will accept dogecoin (DOGE) for some products. In a tweet Tuesday morning, Musk wrote: “Tesla will make some merch buyable with doge & see how it goes.” The announcement came just one day after Musk was named Time....

Dogecoin: Elon Musk Skyrockets The DOGE Price Again, Here’s What’s Happening

Following Elon Musk’s Twitter acquisition confirmation last week, the price of Dogecoin (DOGE) went through the roof. For the first time since May of this year, DOGE surpassed the $0.01 mark and temporarily exceeded $0.14. On Monday, DOGE took a small breather, but it was not to last long. As numerous members of the Dogecoin […]

You Can Now Buy Perfumes With Dogecoin Thanks To Elon Musk

Billionaire Elon Musk has been a long-time supporter of Dogecoin and that has shone through in the ways that he has implemented DOGE payments into the products that his company makes. The meme coin which he says is his favorite has been used to pay for various things in the companies which Musk leads. Now, […]

Biggest Movers: DOGE Surges Following Elon Musk Comments on the Meme Coin

Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other hand extended its declines, falling by over 15%. Dogecoin (DOGE) Dogecoin (DOGE) was one of today’s only gainers, as the token was boosted by comments from Tesla and Twitter CEO Elon Musk. Following a low of $0.0793 on Friday, DOGE/USD rose to a peak of $0.09399 earlier in today’s session. This surge saw the token climb by as much as 6%, breaking....

Elon Musk Reveals Dogecoin Will Be Accepted at Tesla’s New Futuristic Diner, ...

Elon Musk has revealed that Tesla’s upcoming futuristic diner and drive-in theater, planned for the Hollywood area, will accept the meme cryptocurrency dogecoin. The electric car company currently accepts DOGE for some merchandise on its website. Tesla CEO Elon Musk: ‘You Can Pay in Doge’ Tesla and Spacex CEO Elon Musk tweeted about future dogecoin payment acceptance Friday in reply to a tweet by developer Ryan Zohoury, who said a new Tesla supercharger station in Santa Monica, California, is almost full 10 minutes after it opened. The Tesla boss....