NEW!Incredible offer for our exclusive subscribers! Read More

Dogecoin Fan Elon Musk Urges Followers to Invest in Crypto with Caution

1 Mins read

Tesla CEO Elon Musk has just taken to Twitter to post a TMZ video of him claiming that Dogecoin could be “the future of currency.”


The billionaire writes that cryptocurrency is “promising,” but urges his followers to “invest with caution.”

Dogecoin, the joke coin that enjoys excessive attention from Musk, skyrocketed to a new all-time high of $0.69 earlier this week, turning TikTokers into overnight millionaires. The meme cryptocurrency is currently trading at $0.58 after a modest correction.

Musk, the self-proclaimed “Dogefather,” is widely expected to give Dogecoin another boost during his much-anticipated “Saturday Night Live” hosting debut that is going to take place on May 8.

While it’s unclear whether the entrepreneur has exposure to the Shiba Inu-inspired coin, he previously confirmed that had personal Bitcoin holdings. Tesla also made a $1.5 billion bet on the chief crypto in February before taking some chips off the table to prove the asset’s liquidity.

Related posts

Cryptexby cryptocurrency exchanger received licenses in Dubai

1 Mins read , the largest cryptocurrency trading platform, continues to expand its global presence with new licenses in New Zealand and the United…
AltcoinsBTCCryptoOther – business license for the use of crypto

1 Mins read
Firstly business license for the use of cryptocurrencies with a long list of conditions. It was release in New York 2020 The…

Cointolab blocked more than 10 thousand wallets from Russia

1 Mins read
The Cointolab platform said it has blocked more than 10,000 wallet addresses associated with Russian individuals or entities that it believes are…
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *