Elon Musk tweeted an ancient Chinese poem about two brothers who fight out of jealousy, in what some Twitter users said could be an oblique reference to the Dogecoin vs Shiba Inu cryptocurrency spat. The tweet, posted Tuesday by the world’s richest man, was titled Humankind, followed by the poem in Chinese.
Did Elon tweet about Dogecoin?
* Feb. 4, 2021: Musk tweets “Doge” in reference to a cryptocurrency based on a popular internet meme. He later tweeted, “Dogecoin is the people’s crypto.” and “I am become meme, Destroyer of shorts.” Dogecoin surged more than 60%.
What did Elon Musk say about Dogecoin?
Tesla chief Elon Musk said that cryptocurrency Dogecoin fees would need to fall for it to become more widely used in retail purchases. Super important for Doge fees to drop to make things like buying movie tix viable,” Elon Musk tweeted.
What did Elon tweet about Dogecoin today?
The tech billionaire changed his display picture on Twitter soon after mentioning that his son was holding his “Doge like a champ” in a reply tweet: “Lil X is holding his Doge like a champ. Literally never said the word sell” even once!”
Does Elon Musk support Dogecoin?
Musk, world’s most wealthiest man, calls it “people’s crypto.” Musk explained the reasoning behind his support for Dogecoin: Lots of people I talked to on the production lines at Tesla or building rockets at SpaceX own Doge.That’s why I decided to support Doge it felt like the people’s crypto.”
Is Elon Musk the CEO of dogecoin?
‘Outside of Tesla and SpaceX stock, it’s my largest holding,’ Musk said. Tesla CEO Elon Musk on Thursday said he owns Bitcoin, Dogecoin and Ethereum.
Does Elon Musk own dogecoin stock?
Musk went on to explain that he owns some Bitcoin, Ethereum and Dogecoin, which he bought out of curiosity. Musk stressed that he does not bet the farm on crypto.
Is dogecoin going to recover?
Dogecoin (DOGE) is far from dead in 2021. According to a panel of notable crypto experts, the average Dogecoin value could hit $1.21 by 2025 and $3.60 by 2030. Although the estimate doesn’t guarantee a DOGE recovery, there’s no reason to write Dogecoin off in 2021.
Does dogecoin have a future?
The total number of Dogecoin in circulation will rise by 4.1% in 2021, but only 3.9% in 2022. Dogecoin inflation will be 3.5% in 2025, 3.0% by 2030, 2.3% by 2040, and 1.9% by 2048.
How much Dogecoin will go up?
Wallet Investor forecasts that Dogecoin’s price could go up to $0.5 within a year and up to $1.511 by 2026, according to estimations of its bullish support. Other forecasters are more hesitant in their forecasting, predicting that DOGE might not reach $1.2 in value until closer to 2028.
Why does Mark Cuban like Dogecoin?
He said he expects the number to go much higher as the season starts. Talking to Fox Business, Cuban has now said people use Dogecoin to buy Mavericks merchandise really because it’s easy to spend and it doesn’t appreciate so much that people would want to hoard it forever.
What did Mark Cuban say about dogecoin?
Cuban says Dogecoin’s easy to spend and it doesn’t appreciate so much that people want to hold it forever. He tweeted in August that it’s “the people’s way to pay.“
Is Elon Musk still backing dogecoin?
Tesla CEO Elon Musk has long supported dogecoin. Elon Musk said he agrees with Mark Cuban that dogecoin is a strong medium of exchange. Cuban’s Dallas Mavericks accept dogecoin, and he praised the token’s strong community.
Is Dogecoin dead?
In the past 6 months, Dogecoin is down over 61%. It has come down significantly after hitting all-time highs of around $0.70 in May 2021.These potential moves depend on the supply and demand of the token during the rest of 2021 and beyond.
Should I invest Dogecoin 2021?
Formed in 2013, Dogecoin is a popular cryptocurrency with a fun and friendly brand picture.That aims to be a supportive introduction to cryptocurrency for the general public and people who had never heard of cryptocurrencies before.
What is the highest Dogecoin can go?
The current market cap of DOGE at the time of writing is about $37 billion.
Is Dogecoin safe?
But Dogecoin currently has a market cap of $26.8 billion, so unless merchants begin rapidly adopting the coin as a form of payment en mass, the coin’s fundamental value won’t be going up in the long term. So at the end of the day, Dogecoin is just another low-utility, high-supply coin investors should avoid.
Is Dogecoin worth investing?
Dogecoin’s popularity makes it so
Given the speculative nature of cryptocurrency, popularity alone is critical. As for valuation, Dogecoin is worth what it’s worth because others believe the token will increase in value. Those investing in DOGE also are banking on more headlines from celebrity hype.
Will Dogecoin survive?
As an example, Dogecoin, a cryptocurrency that was intended as a parody for the bitcoin boom, has a valuation of $1.6 billion, as of this writing.Dogecoin.) Nolan Bauerle, research director at CoinDesk, says 90% of cryptocurrencies today will not survive a crash in the markets.
How much is Dogecoin worth in 2025?
As per our Dogecoin price prediction 2025, the coin might be able to touch the $2 price mark on the upside, while on the downside, it might fall up to $1.5. As per our DOGE price prediction & forecast update, the currency price might trade around $1.96 by the end of 2025.
Is Dogecoin a good long term investment?
Because cryptocurrency has been so volatile in the past, it’s anyone’s guess how far the price may rise. By investing today, you might be able to make some money if you’re lucky. It’s important to remember that Dogecoin is unlikely to be a good long-term investment.
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