Elon Musk Says He Will Continue Supporting Dogecoin “Wherever Possible”

Tesla CEO Elon Musk said he will continue “supporting Doge wherever possible” in reaction to the news that The Boring Company is now accepting Dogecoin as payment for a ride.

Elon Musk has been a backer of Dogecoin ever since he stated in April 2019 that the meme coin was his favorite cryptocurrency. He has since been a strong supporter of Dogecoin, tweeting about everything from having SpaceX put a “literal Dogecoin on the literal moon” to mining the meme token with his children.

In the weeks leading up to Musk’s appearance on “Saturday Night Live,” Dogecoin reached its all-time high in May 2021. Today, the CEO of SpaceX is still a fervent backer of Dogecoin.

As previously reported by U.Today, Elon Musk stated he will continue to support Dogecoin and gave a unique reason for this: “I just know a lot of people who are not that wealthy who, you know, have encouraged me to buy and support Dogecoin. I’m responding to those people.”

Read more: u.today

Source: CRYPTO WORLD NETWORK NEWS

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