In a recent tweet posted by the new Twitter owner, Mr. ELon Musk has posted that Dogecoin has the potential of being a regular currency. Elon and dogecoin have a nice history. He even changed his profile picture in the past and added dogecoin in his Twitter bio. All these things boosted the price of dogecoin as it is now supported by the billionaire Elon Musk.
Several users started buying the dogecoin as it is supported by Elon Musk. Elon Musk has always been an advocate of free currency. He even did allow Tesla cars can be bought through bitcoin but later overturned his decision.
Elon Musk was replying to a tweet by Shibetoshi Nakamoto in which it said the reason I like dogecoin is because it knows its stupid.
It has potential as a currency
— Elon Musk (@elonmusk) May 12, 2022
