What is dogecoin? Why Did is Surge After Elon Musk Tweeted About It?
The Dogecoin community has been growing at a rapid-fire pace. The meme- grounded cryptocurrency is presently trading at$0.0003, up3.2 in the last 24 hours and10.9 over the once week.
The swell in Dogecoin comes following commentary made by Elon Musk, who lately said that Dogecoin would be his favored cryptocurrency to invest in. Musk has lately stated that he believes bitcoin will ultimately catch gold as a store of value, but that he thinks it's still too early for it to do so.
In addition to his commentary on bitcoin, Musk also said that he believes there is a lot of eventuality in cryptocurrencies like Dogecoin, which has come popular thanks to its use as a tilting service on social media platforms similar as Reddit and Twitter. The fact that Dogecoin can get you a coffee is enough amazing.
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