Categories
Cryptocurrency

Elon Musk’s message to Dogecoin holders who want to “make a lot of money” can be found here.

Elon Musk asked if he “can make a lot of money with Dogecoin” in a meme starring Hollywood actor Keanu Reeves and a spin on one of the Matrix movie’s dialogues.

Musk is credited for pushing down the price of Dogecoin after referring to it as a “hustle” during an appearance on Saturday Night Live in May. Since then, the value of Dogecoin has decreased by 65 percent.

Elon Musk, the CEO of SpaceX and Tesla, has sent out another letter to Dogecoin supporters, claiming that the canine-faced joke currency “is money” in an attempt to promote his favorite cryptocurrency.

Musk shared a meme featuring Hollywood actor Keanu Reeves and a twist on one of the dialogues of Matrix movie asking if he “can make a lot of money with Dogecoin”. To which the response is that “Dogecoin is money”.

The price of Dogecoin apparently rose 20 cents after Musk’s post, but shortly plummeted again.

Earlier in 2021, Musk sparked widespread interest in Dogecoin with a series of tweets on the cryptocurrency, which was founded in 2013 as a “joke token.”

Musk also said that SpaceX will launch the “DOGE-1 Mission to the Moon” in the first quarter of 2022, with the meme-inspired cryptocurrency Dogecoin being accepted as payment.

Musk is credited for pushing down the price of Dogecoin after referring to it as a “hustle” during an appearance on Saturday Night Live in May. Since then, the value of Dogecoin has decreased by 65 percent.

RBI Monetary Policy | we have big concern about cryptocurrencies say Shaktikanta Das,”and we have not changed our attitude”

Tax on Cryptocurrency In India – Complete Guide 2022

Wondering how taxation on crypto works in India? How much do you have to pay tax on cryptocurrency in India? How 1% TDS is levied on crypto? Don’t worry we ...
Read More

New Cryptocurrency Bill Advances to Senate in Brazil

A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if ...
Read More

USDC Sees Native Launch on Avalanche

USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge ...
Read More

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ...
Read More
Share with Others