The CEO of Tesla, Elon Musk is known to have always rooted for DOGE coin. Recently on his Tweet, the CEO posted a dog meme with caption “Dogs rock,” while in the subsequent tweet he added “They have the best coin”, clearly proving Musk was talking about the Dogecoin.
Notably, this is not the first time Musk supported the coin publicly, as he had already tweeted about his “favourite coin” in the summer of 2019. Known for his collaborative efforts with Dogecoin creator Jackson Palmer in fighting against cryptocurrency scammers on Twitter, Musk has also been elected on Twitter to become the “CEO” of Dogecoin.
Currently, DOGE trades at $0.002 and takes the venerable position #33 based on market capitalization. There are already more than 123 billion DOGE in circulation, with more than 31,000 transactions per day.
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