Elon Musk is Promoting Cryptocurrency.


A recent tweet from Elon Musk became quite the thing. He was found with a series of tweets where he mentions the Japanese Shiba-Inu-themed digital currency, Dogecoin. He is calling it the “people’s crypto” and has been promoting that as well.

The Tesla founder was on everyone’s feed trying to talk about his increasing interest in cryptocurrency. But his interest now seems to be leaning towards this Japanese dog breed Shiba Inu-themed cryptocurrency, Dogecoin. Musk initiated a series of tweets that mentions Dogecoin, and he was seen promoting it, although it initially began as a cryptocurrency joke.

It was founded in 2013 by Billy Markus and Jackson Palmer, software engineers, and Dogecoin is an open-source, peer-to-peer cryptocurrency. Musk’s interest in cryptocurrency has led to an increase in cryptocurrency prices. He added a hashtag that reads #bitcoin to his Twitter bio, which was enough to push the cryptocurrency price to 20%. He also shared an instructional video about the dog-themed cryptocurrency and said, “ Dogecoin is the people’s crypto. “

2 thoughts on “Elon Musk is Promoting Cryptocurrency.

  1. Trash coin. He’s probably promoting it, shorting, and buying solid coins like BTC and LTC with the profits.

  2. Nice response in return of this query with genuine arguments and describing all regarding that.

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