Elon Musk, the billionaire founder of Tesla and SpaceX, has touted the revolutionary impact of cryptocurrencies – while seemingly poking fun at the concept in the same breath.
In a video that was uploaded by Kevin Svenson, Musk can be heard saying, “there is a good chance that crypto is the future currency of Earth.” How ironic would it be if Dogecoin (DOGE), the coin invented as a joke, wins out in the end, Musk pondered.
Elon Musk talks about $DOGE Coin
(Released 4 Hours Ago)@elonmusk said “There is a good chance that #Crypto is the future currency of Earth … but which one is it going to be?” #Doge #DogeCoin #Bitcoin #cryptocurrency #cryptocurrencies #DOge pic.twitter.com/HDaf5jw3Xx
— Kevin Svenson (@KevinSvenson_) February 6, 2021
“What would be the most ironic outcome? That the currency that was invented as a joke in fact becomes a real currency,” he said.
DOGE has been at the center of a massive pump-and-dump spurred on by Reddit traders and investors who have become highly receptive to Musk’s tweets. The latter camp isn’t small, either.
A recent report from Blockchain Research Lab titled, How Elon Musk’s Twitter activity moves cryptocurrency markets, showed the billionaire has a positive
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