'Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.'
Data indicates that one token experienced an astonishing 1,200% surge despite its associated project being terminated in May.
Florida's governor and the Republican Party's newest frontrunner engaged in a Twitter conversation with Elon Musk, discussing the realms of cryptocurrency and central bank digital currencies.
Musk kept the identity of his replacement under wraps, but he did share that the incoming CEO is set to begin their tenure in roughly six weeks' time.
The value of Bitcoin held on the balance sheet remained unchanged from the previous quarter, standing at $184 million.
Previously, Elon Musk, the CEO of Twitter, has demonstrated his appreciation for the meme cryptocurrency.
Tesla's venture into Bitcoin might have been a major source of distraction for the electric vehicle manufacturer, which earlier this month released mixed financial results.
Elon Musk, CEO of Tesla and SpaceX, believes the US economy is in a recession and that it will be 'difficult going' for the next 12 to 18 months. 'The true cause for inflation is that the government printed a billion more dollars than it had,' he said.
NFT fans are incensed.
Elon Musk, the CEO of Tesla and SpaceX, has persistently backed dogecoin, a cryptocurrency based on memes. He indicated in October that he had invested in it, as well as bitcoin and ether.