Tesla (NASDAQ:
TSLA) CEO Elon Musk is known for his appreciation of the meme
cryptocurrency Dogecoin (
DOGE) and his close association with the token, which consistently influences its value. As the world’s richest man, Musk’s preference for Dogecoin is intriguing, especially considering the existence of other established
cryptocurrencies, such as Bitcoin (
BTC) and Ethereum (
ETH).
In this line, during his appearance at the
Wall Street Journal CEO Council Summit in Q2 2023, Musk
elaborated on why the meme coin ranks as his favorite
cryptocurrency. Musk explained that his love for Dogecoin goes beyond the token’s capabilities in the cryptocurrency market and is more related to its humorous nature.
At the same time, despite his influence in the crypto space, Musk made it clear that he is not advising anyone to
invest in digital currencies or take any
financial risks lightly.
“I’m not advising anyone to buy a crypto or bet the farm on Dogecoin or anything like that. Maybe you should, but let me advise you that would be perhaps unwise. Dogecoin is my favorite cryptocurrency because it has the best humor and has dogs.”
Musk’s relationship with DOGE
Musk’s connection with Dogecoin has been longstanding, marked by his promotion of the cryptocurrency on platforms such as Saturday Night Live, purchasing it for his son, and expressing his willingness to collaborate with its developers to enhance its appeal for broader use. In a true show of commitment, he temporarily replaced the Twitter logo with a Dogecoin image after acquiring the company.
At the same time, crypto players are also appreciating Musk’s role in helping Dogecoin find viability. For instance, Changpeng Zhao, the CEO of Binance,
shared his surprise that Dogecoin had not faded away and suggested that Musk might have played a part in prolonging the lifespan of the memecoin.
Notably, there is increased speculation that Dogecoin might find a new role within the Twitter ecosystem after Musk
announced a new financial system for the social media platform.
Furthermore, as
reported by Finbold, Dogecoin surged briefly when reports emerged about Tesla potentially integrating Bitcoin and DOGE as payment options, driven by the possibility of adding source code.
Despite Musk’s specific appreciation for Dogecoin, he remains an influential figure in the overall cryptocurrency market. In line with this, Finbold
reported that the billionaire entrepreneur agreed with the notion that by 2030, cryptocurrencies will be backed by GPUs.
In the meantime, DOGE continues to hold above the $0.07 support zone, trading at $0.072 at the time of writing.
Read more cryptocurrency news on Finbold.com
特斯拉(納斯達克股票代碼:TSLA)執行長馬斯克(Elon Musk)因其對迷因加密貨幣狗狗幣(DOGE)的欣賞以及他與代幣的密切聯繫而聞名,這一直影響著其價值。作為世界首富,馬斯克對狗狗幣的偏好很有趣,特別是考慮到其他成熟的加密貨幣的存在,例如比特幣(BTC)和以太坊(ETH)。2023 年第二季度,馬斯克詳細闡述了為什麼meme 幣成為他最喜歡的加密貨幣。馬斯克解釋說,他對狗狗幣的熱愛超出了該代幣在加密貨幣市場中的能力,更多的是與其幽默的本質有關。同時,儘管他在加密領域具有影響力,但馬斯克明確表示,他並不建議任何人投資「我不建議任何人購買加密貨幣或將農場押注於狗狗幣或類似的東西。也許你應該這樣做,但讓我建議你,這可能是不明智的。狗狗幣是我最喜歡的加密貨幣,因為它有最好的幽默感,而且有狗。」馬斯克與DOGE 的關係馬斯克與狗狗幣的聯繫由來已久,其標誌是他在《週六夜現場》等平台上推廣加密貨幣,為他的兒子購買加密貨幣,並表示他願意與其開發人員合作,以增強其對更廣泛使用的吸引力。為了真正體現承諾,他在收購該公司後暫時用狗狗幣圖像替換了 Twitter 徽標。 同時,加密貨幣玩家也欣賞馬斯克在幫助狗狗幣找到生存能力方面所發揮的作用。例如,幣安首席執行官趙長鵬分享了他對狗狗幣並未消失的驚訝,並暗示馬斯克可能在延長模因幣的壽命方面發揮了作用。值得注意的是,人們越來越多地猜測狗狗幣可能會找到一個新的角色在馬斯克宣佈為社交媒體平台推出新的金融系統後,Twitter 生態系統中出現了這種現象。此外,據Finbold 報道,當有報導稱特斯拉可能在在添加原始程式碼的可能性的推動下將比特幣和DOGE 整合為支付選項時,狗狗幣短暫飆升。儘管馬斯克特別欣賞狗狗幣,但他仍然是整個加密貨幣市場的影響力人物。與此相符,Finbold 報導稱,這位億萬富翁企業家同意到2030 年,加密貨幣將由GPU 支持的觀點。與此同時,DOGE 繼續保持在0.07 美元的支撐區域之上,在撰寫本文時交易價格為0.072 美元。閱讀更多加密貨幣新聞請訪問 Finbold.com