Dogecoin on Tuesday jumped 14% over the past 24 hours to around $0.068, after Elon Musk reiterated his support for the meme coin.
Dogecoin has jumped 13% over the past 24 hours on Tuesday to around $0.068, after Elon Musk reiterated his support for the meme coin, even though the crypto has lost more than 90% of its value from its all-time high in May 2021.
In... Dogecoin has jumped 13% over the past 24 hours on Tuesday to around $0.068, after Elon Musk reiterated his support for the meme coin, even though the crypto has lost more than 90% of its value from its all-time high in May 2021. In an interview with Bloomberg Editor-In-Chief John Micklethwait at the Qatar Economic Forum, Musk said he bought some dogecoin and intended to personally support the cryptocurrency because “I just know a lot of people who are not that wealthy who, you know, have encouraged me to buy and support Dogecoin.”
“I have never said that people should invest in crypto,” Musk said in the interview with Bloomberg. “In the case of Tesla, SpaceX, myself — you know, SpaceX and Tesla, for example, all did buy some Bitcoin, but it’s a small percentage of our total cash and near-cash assets. So, you know, not all that significant.”
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