TheCryptoUpdates
Bitcoin NewsCryptoCryptocurrency NewsDogecoinGeneral NewsNewsTwitter

Elon Musk Wants More Businesses to Show Interest in Dogecoin

According to Elon Musk, Dogecoin Takes Care of Large Transactions Better Than Bitcoin

One of the top crypto YouTubers, Matt Wallace, tweeted that Elon Musk wants to see more businesses interested in Dogecoin.

Elon Musk, CEO of Tesla, has said that if more companies began adopting Dogecoin, the meme cryptocurrency would have a lot more use.

Using Dogecoin to tip artists would also be “nice,” according to the world’s wealthiest person.

Musk believes that Ethereum and Bitcoin do not need to be linked in order to be useful in web applications.

Following the acquisition of a 9.2 percent stake in the company, the entrepreneur recently proposed allowing Twitter users to pay for Twitter Blue memberships with Dogecoin.

Dogecoin’s logo and name are based on the Shiba Inu dog. When it comes to so-called “meme coins,” this one is regarded as the earliest and most popular.

As a result of Elon Musk’s support and widespread retail adoption, Dogecoin has a bright future and will experience even greater gains.

***

Related Articles

The Terraform Labs probe led authorities to raid South Korean crypto exchanges

Mridul Srivastava

How do you cash out on DeFi wallet

Jack Smith

CFTC Commissioner Explains The Agency’s Road Rights To Control Crypto Derivatives

Kshitij Chitransh