Once again, Tesla CEO Elon Musk is “overclocking” Dogecoin with messages on Twitter. The rate increased by 25% and now DOGE is trading at $ 0.54, while yesterday it dropped to $ 0.37.
Mask
wrote, which supports Dogecoin developers in their work to increase transaction efficiency. He again called the DOGE coin “potentially promising”.
Apparently, the American entrepreneur wants to support DOGE for the purchase of Tesla’s electric vehicles, especially after the company pulled out of support for Bitcoin “due to concerns about the environmental dangers of mining BTC.” At the same time, Musk said that he was looking for “greener” cryptocurrencies that spend less than 1% of the energy spent by bitcoin to confirm transactions.
Another factor in favor of Dogecoin’s growth was rumors that the major American cryptocurrency exchange Coinbase plans to add it to the listing. According to sources, support for DOGE on the Coinbase platform will be added within 6-8 weeks. In addition, the exchange’s CFO Alesia Hass previously noted that the company is looking to support any asset that meets Coinbase’s standards.
Earlier it was reported that another company Elon Musk – SpaceX – will accept Dogecoin as payment for sending a satellite of the Canadian company Geometric Energy Corp to the moon.

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.