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Musk Breaks His Silence On Dogecoin
Elon Musk, the CEO of SpaceX and the world’s largest producer of EV vehicles, Tesla, has created a flurry of pleasure round Dogecoin after a protracted interval of not mentioning the OG memecoin.
In his latest post which has arguably renewed optimism amongst Dogecoin followers, Musk shared an image displaying himself as an govt within the Division of Authorities Effectivity, or just D.O.G.E. Accompanying the picture posted late Monday was the phrase, “I’m able to serve.”
Musk’s tweet was probably in response to Republican presidential candidate Donald Trump saying he would think about placing the Tesla boss in his Cupboard if he wins over his Democratic rival Kamala Harris in November.
Foreseably, the submit triggered a optimistic response from Dogecoin fanatics. The worth of DOGE climbed over 3% to achieve a neighborhood excessive of $0.1057. Nonetheless, Dogecoin’s leap in worth got here amid a resurgence within the broader crypto market. Nonetheless, Musk’s obvious point out of DOGE added to the hysteria amongst followers because the billionaire X proprietor has lengthy been a fervent champion of the main memecoin.
 
Final month, Musk affirmed that he has a “gentle spot” for Dogecoin as a result of he “likes canines and memes”.
Given Musk’s endorsement of Dogecoin, there was hypothesis in regards to the token’s integration on X ever since he purchased the social media large in 2021. The DogeArmy continues to hold out hope that DOGE will probably be integrated into X’s upcoming funds system.
Notably, Tesla and SpaceX already accept DOGE payments for merch purchases. Musk has additionally suggested that “sooner or later” Tesla ought to settle for it as cost for its electrical vehicles.
Elon Musk Sends Dogecoin Fans Into A Frenzy With His Latest Tweet ⋆ ZyCrypto zycrypto.com 2024-08-20 23:39:12
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