On Friday (August 5), Tesla and Space X CEO Elon Musk shared his latest thoughts on crypto. Popular meme-based cryptocurrency Dogecoin ($DOGE) was initially released on 6 December 2013, as a “fun and friendly internet currency.” It was created by Billy Markus and Jackson Palmer. — Elon Musk (@elonmusk) April 2, 2019On June 19, Musk tweeted that he will keep supporting Dogecoin, which was not too surprising given that he has been saying nice things on Twitter about Dogecoin for the past three years. I will keep supporting Dogecoin — Elon Musk (@elonmusk) June 19, 2022What was surprising, though, was what the Tesla CEO said after one psendoymous crypto analyst (“Altcoin Gordon”) challenged him to buy $DOGE, to which Musk replied that he is. It’s also the latest example of Musk promoting Dogecoin, the cryptocurrency whose value has fallen sharply in the last year.

Source: CNN August 06, 2022 13:03 UTC