Will Elon Musk’s Twitter Takeover Continue To Push Dogecoin Price Up?

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ValueWalk

Are meme coins set to explode again, while bitcoin is set to slip? “Hate him or love him but there’s no doubt that Elon Musk is one of the greatest influencers and innovators of the 21st century. With his extravagant ideas and his ‘subtle’ innuendos, Tesla’s CEO and founder of SpaceX also played a major role in promoting the adoption of Bitcoin as a means of payment, driving the price of the original crypto just below the 65,000 handle in April last year. Shortly after reaching this mark, Musk criticized the coin’s energy consumption, removing it as an alternative payment method for Tesla. Q1 …

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