Elon Musk: Will keep supporting Dogecoin cryptocurrency
As all the top cryptocurrencies get hammered, Tesla CEO Elon Musk has reported he will continue to keep supporting and getting Dogecoin, a cryptocurrency he has been vouching about for decades.

Amid the `crypto winter`, Dogecoin digital forex has tumbled from its significant of practically $.74 to just about $.05 in recent days.

In a tweet on Sunday, Musk stated: “I will maintain supporting Dogecoin.”

Reacting to a follower who questioned him to preserve purchasing Dogecoin way too, Musk replied that he will keep paying for the cryptocurrency.

Named `Dogefather`, Musk has long been a vocal proponent of Dogecoin and tweeted a number of moments in the earlier to support spike the rate of the electronic token.

Very last 7 days, a Dogecoin cryptocurrency investor in the US sued Musk, Tesla and SpaceX for $258 billion for allegedly functioning an unlawful racketeering company to inflate the price tag of Dogecoin.

A class-motion lawsuit was submitted in a federal court docket in Manhattan, and the Dogecoin trader known as for triple the damages of $86 billion, which is how much the plaintiff alleges has been dropped by Dogecoin buyers considering the fact that Musk started off tweeting about it, according to experiences.
“Defendants falsely and deceptively assert that Dogecoin is a legit expenditure when it has no value at all,” the plaintiff Keith Johnson claimed in the criticism.

“Due to the fact Defendant Musk and his companies SpaceX and Tesla, Inc began paying for, developing, selling, supporting and operating Dogecoin in 2019, Plaintiff and the course have misplaced somewhere around $86 billion in this Crypto Pyramid Scheme,” he added.

Earlier this 12 months, Musk declared that the company`s supercharging stations will take cryptocurrency Dogecoin as payment.
Tesla does accept Dogecoin in its on the web shop and there have been rumours of Tesla ultimately accepting the crypto as a type of payment for its autos.

Musk has a substantial individual financial commitment into Bitcoin on best of Tesla`s expenditure and he has scaled-down Ethereum and Dogecoin holdings.
As all the top cryptocurrencies get hammered, Tesla CEO Elon Musk has reported he will continue to keep supporting and getting Dogecoin, a cryptocurrency he has been vouching about for decades.

Amid the `crypto winter`, Dogecoin digital forex has tumbled from its significant of practically $.74 to just about $.05 in recent days.

In a tweet on Sunday, Musk stated: “I will maintain supporting Dogecoin.”

Reacting to a follower who questioned him to preserve purchasing Dogecoin way too, Musk replied that he will keep paying for the cryptocurrency.

Named `Dogefather`, Musk has long been a vocal proponent of Dogecoin and tweeted a number of moments in the earlier to support spike the rate of the electronic token.

Very last 7 days, a Dogecoin cryptocurrency investor in the US sued Musk, Tesla and SpaceX for $258 billion for allegedly functioning an unlawful racketeering company to inflate the price tag of Dogecoin.

A class-motion lawsuit was submitted in a federal court docket in Manhattan, and the Dogecoin trader known as for triple the damages of $86 billion, which is how much the plaintiff alleges has been dropped by Dogecoin buyers considering the fact that Musk started off tweeting about it, according to experiences.
“Defendants falsely and deceptively assert that Dogecoin is a legit expenditure when it has no value at all,” the plaintiff Keith Johnson claimed in the criticism.

“Due to the fact Defendant Musk and his companies SpaceX and Tesla, Inc began paying for, developing, selling, supporting and operating Dogecoin in 2019, Plaintiff and the course have misplaced somewhere around $86 billion in this Crypto Pyramid Scheme,” he added.

Earlier this 12 months, Musk declared that the company`s supercharging stations will take cryptocurrency Dogecoin as payment.
Tesla does accept Dogecoin in its on the web shop and there have been rumours of Tesla ultimately accepting the crypto as a type of payment for its autos.

Musk has a substantial individual financial commitment into Bitcoin on best of Tesla`s expenditure and he has scaled-down Ethereum and Dogecoin holdings.
