Tesla CEO Elon Musk has once again shown his support for the popular meme coin Dogecoin (DOGE). The billionaire recently shared a tweet for DOGE. Here are the details…
Tweet from Tesla CEO to Dogecoin investors
Elon Musk, the CEO of the US electric car company Tesla, did not fail to show his support for the popular meme coin Dogecoin. “Happy Easter to all Dogecoin enthusiasts,” the billionaire tweeted recently. Late yesterday, Musk tweeted “Happy Easter” by sharing a picture of a dog. While he didn’t specifically reveal that his warm wish was for DOGE enthusiasts, the community behind the popular meme coin was pretty excited.
Kryptokoin.com, as we have reported, Musk has his own dog. Considering that the basket in front of a known Shiba Inu dog consists of eggs with Dogecoin on it, it is quite normal for the community to be excited. Shibetoshi Nakamoto, the co-founder of Dogecoin, also responded to Musk’s share. The founder, nicknamed Dogecoin, quoted Musk’s “Happy Easter” tweet and shared the phrases “Dogecoin” and a heart emoji.
Elon Musk continues to tinker with DOGE
Musk has been instrumental in helping Dogecoin hit an all-time high of around $0.8 last year. Besides getting Tesla to accept Dogecoin payments to purchase the company’s electric car, Musk is considering more ways to increase the utility of the meme coin. Recently, Musk hinted that he could create a decentralized social media platform that would allow users to tip creators using Dogecoin.
Musk recently owned nine percent of Twitter’s shares, but now wants to buy all of Twitter for $54.20 per share. The Dogecoin community says that if Musk is successful in his task, he could start tipping with DOGE on Twitter. At the time of writing, DOGE is changing hands at $0.135, down 5.8 percent. It has lost 9.7 percent in the last seven days and 7.1 percent in the last 14 days. It is 81 percent below the all-time high of $0.73, which it reached on May 8, 2022.
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