Elon Musk Thinks Dogecoin (DOGE) Could Hit $1

The CEO of Tesla, Elon Musk, has a special holiday tweet for the meme cryptocurrency, Dogecoin (DOGE). In another thread of tweets, he teased powering the future economy on Mars with digital currencies.

This came about while responding to a discussion started on Twitter by Lex Fridman, an artificial intelligence researcher. Musk answered “Yes” emphatically when asked whether the future economy on Mars will be powered by cryptocurrency.

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Elon Musk’s Special Holiday Tweet for Dogecoin (DOGE)

To be candid, Elon Musk didn’t specify whether his choice digital currency Dogecoin (DOGE) will be used to power the Martian economy, but has a special holiday tweet for his number 1 cryptocurrency.

The tweet involves a Christmas greeting captioned with the image of a woman wearing a pair of Dogecoin (DOGE) shorts.

Elon Musk’s Tweet That Sent Dogecoin (DOGE) Surging 20%

About a week ago, the founder of SpaceX sent DOGE to a 20% price upside trend after reemphasizing his interest in the cryptocurrency.

Elon Musk tweeted, “One word: Doge.”

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Dogecoin (DOGE) Will Overwhelm Global Economy

In July 2020, the CEO of Tesla shared a similar tweet, suggesting that Dogecoin (DOGE) would become a reserve currency once it overwhelms the world’s economy.

Captioning an illustrative image, he wrote, “It is inevitable”. After the tweet, DOGE surged by relatively 20%.

In conclusion, it cannot be ascertained whether Musk holds DOGE, but he consistently shows interest in the digital currency that currently occupies the 42nd position in the market.


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Tobi Loba

By Tobi Loba

Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.