Elon Musk Reveals Real Reason He Supports Dogecoin, Says Many People at Tesla and Spacex Own DOGE – Altcoins Bitcoin News

Elon Musk Reveals Real Reason He Supports Dogecoin, Says Many People at Tesla and Spacex Own DOGE

Elon Musk has revealed the true cause he helps the meme cryptocurrency dogecoin. He shared that lots of people he talks to at his corporations, Tesla and Spacex, personal dogecoin, noting that “it felt just like the folks’s crypto.”

Lots of People Elon Musk Talks to at Spacex and Tesla Own Dogecoin

Tesla and Spacex CEO Elon Musk revealed Sunday the true cause he started supporting dogecoin. He famous that many individuals he talks to at each corporations personal the meme cryptocurrency.

Responding to a tweet by dogecoin holder Glauber Contessoto, who mentioned the attraction for DOGE is actual, referencing a survey that discovered a few third of U.S. crypto holders personal the meme cryptocurrency, Musk wrote:

Lots of individuals I talked to on the manufacturing traces at Tesla or constructing rockets at Spacex personal Doge. They aren’t monetary consultants or Silicon Valley technologists. That’s why I made a decision to assist Doge — it felt just like the folks’s crypto.

The Doge neighborhood welcomes Musk’s remark and assist. “Most of us don’t come from privileged backgrounds and truthfully can’t relate to the consultants in Silicon Valley,” Contessoto responded. “We simply need to consider in a crypto that represents us all. Dogecoin is the little man personified in crypto which is why we adore it. We admire your assist, Elon.”

A survey by worth comparability portal Finder exhibits that extra folks within the U.S. personal dogecoin than in another nation. The survey states:

Dogecoin sees its highest adoption within the United States with 30.6% of crypto house owners saying they personal dogecoin. This is 1.6 instances the worldwide common adoption fee of 19.2%.

At the time of writing, the worth of dogecoin is up 11.31% over the previous week, with DOGE sitting at $0.2664 based mostly on knowledge from Bitcoin.com Markets.

Musk beforehand mentioned he personally owns three cryptocurrencies: bitcoin, ether, and dogecoin. On Sunday, he tweeted a number of vital dogecoin enhancements and confirmed that he doesn’t personal any shiba inu tokens. In August, the Tesla boss agreed with the Shark Tank star Mark Cuban that dogecoin is the “strongest” crypto for funds.

What do you concentrate on Elon Musk’s feedback about dogecoin? Let us know within the feedback part beneath.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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