April 22, 2025
Blockchain

Elon Musk will continue to support Dogecoin despite the bear market

  • June 21, 2022
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Elon Musk reiterated his support for the Dogecoin cryptocurrency despite the ongoing market correction. Bloomberg writes about it. The head of SpaceX and Tesla stressed that he never

Elon Musk will continue to support Dogecoin despite the bear market

Elon Musk will continue to support Dogecoin despite the bear market
Elon Musk will continue to support Dogecoin despite the bear market

Elon Musk reiterated his support for the Dogecoin cryptocurrency despite the ongoing market correction. Bloomberg writes about it.

The head of SpaceX and Tesla stressed that he never forces people to invest in the cryptocurrency he loves.

“I know that many not-so-rich people have inspired me to buy and support Dogecoin. I can say to these people – I intend to personally support Dogecoin,” he said.

Musk said that Tesla will continue to sell goods for Dogecoin, and SpaceX will soon follow suit. The billionaire also said that his companies buy bitcoin using a small percentage of monetary assets.

Recall that Musk actively supports the mem-cryptocurrency. In April 2022, the businessman proposed to reduce the cost of the Twitter Blue subscription and allow users to pay for the premium service in DOGE.

He also advocated wider integration of digital payments into the social network.

Previously, Musk, SpaceX, and Tesla filed a $258 billion lawsuit for promoting Dogecoin.

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Source: Fork Log

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