Cryptocurrency: Elon Musk's tweet led to a boom in this crypto?
Bitcoin may be the oldest and popular cryptocurrency in the market of cryptocurrency, but in today's time, there are many cryptos in which good profits can be redeemed with less investment. Solana, Ethereum, Shiba Inu, and Dogecoin have converted lakhs of rupees into crores in a single year. However, there was a decline in the price of Dogecoin for a long time, at present, strength is being seen in this coin. Let us tell you that this cryptocurrency has strengthened more than 25% in one day. The reason for this boom in Dogecoin is believed to be the tweet of tesla CEO Elon Musk.
What is Dogecoin?
Dogecoin is the world's first and largest mime cryptocurrency. This cryptocurrency was launched in the year 2014 and since then it has given returns of 45000% to its investors.
Buy tesla cars with Dogecoin: Elon Musk tweeted and said that tesla vehicles can be bought using Dogecoin, this was in the top 10 wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital tokens of the world for some time.
Why does Musk support cryptocurrencies?
Elon Musk, who is included in the list of the world's richest, is seen continuously supporting on twitter regarding cryptocurrency. Last year, Musk backed the idea of investors to own custody of crypto assets like DogeCoin. Musk has tweeted positively about Dogecoin many times, due to which this currency is continuously increasing.
