Musk: I will continue to support Dogecoin and continue to buy! DOGE jumps 10%

Tesla founder Elon Musk, known as the godfather of Dogecoin, posted at 14:19 earlier today: I will continue to support Dogecoin (DOGE). Indicates that it is continuing to buy Dogecoin.

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The tweet has been retweeted nearly 6,000 times and liked 41,000 times in less than an hour. The price of Dogecoin also jumped 10% from around $0.0517 to $0.0568 at one point; it is currently at $0.0548 before the deadline, which shows that Musk still has a considerable right to speak on Dogecoin.

Musk: More Dogecoin Payment Apps May Be Opened

In addition to Musk, Dogecoin co-founder Billy Markus also tweeted yesterday (18) his two expectations for DOGE:

1. People actually use it for things other than buying high and selling low, so it has a raison d’être

2. The community understands what Crypto is and what the cryptocurrency market is and knows it’s a little silly but still has fun

For Markus’ comments, Musk also immediately supported that Tesla and SpaceX have brought practical application scenarios for Dogecoin, and even hinted that more projects may be opened in the future.

“Tesla and SpaceX merchandise, maybe more on the way.”

Finally, Markus also said that it would be cool if people continued to study Dogecoin and add applications and security to it and work on increasing its utility; but he also added that most of the Dogecoin’s complaints and attacks come from people who don’t have access to cryptocurrency or who don’t understand the cryptocurrency market.

The same is true for the price of mining machines. The current price is already in the low-price range. If you invest now, you will get more benefits in the future.


Post time: Aug-10-2022