Elon Musk Thinks Dogecoin (DOGE) Could Hit $1

The Co-founder and CEO of Tesla, Elon Musk, has reiterated that he’s the former CEO of Dogecoin (DOGE).

Elon Musk had several times shared tweets about his interest in Dogecoin (DOGE). The reason for his interest and close connection with the meme token is yet to be ascertained, but his continuous endorsement of the token via his Twitter handle speaks volumes.

Elon Musk Acknowledges Himself as the Former CEO of Dogecoin (DOGE)

The famous CEO of Tesla and the founder of SpaceX has aired the acknowledgment of his position as the former CEO of Dogecoin (DOGE).

He made this revelation via the bio section of his official Twitter handle. And this alone has once again made the crypto community wonder about the reason he’s been keenly interested in the digital token DOGE. While the Dogecoin community members are impressed as always.

Elon Musk Acknowledges His Position as the Former CEO of Dogecoin (DOGE)
Courtesy of Twitter

Recall that Elon Musk apparently showcased his support for Dogecoin in just over a month after delivery skeptical remarks on Bitcoin (BTC).

Back in 3rd March 2020, he wrote “Dogs rock – They have the best coin”, which clearly showed that Musk was referring to Dogecoin (DOGE).

Elon Musk Emerges the CEO of Dogecoin (DOGE)

As aforementioned, this is not the first time the Tesla CEO showcased his support for the digital currency. Sometimes in April 2019, Elon Musk tweeted that DOGE “might” be his favorite digital currency.

The well-known technology entrepreneur was elected on Twitter to become the CEO of Dogecoin, ahead of other candidates such as the co-founder of Ethereum (ETH) Vitalik Buterin, and the creator of Litecoin (LTC) Charlie Lee. Musk has not reversed his support for the digital token DOGE ever since.

Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.