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Tesla CEO Elon Musk Shares Dogecoin Video — Says It ‘Explains All the things’ – Altcoins Bitcoin Information

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Tesla CEO Elon Musk has shared a dogecoin video on Twitter in a dialog about bitcoin mining on April 1. He says, “this video explains all the pieces.”

Elon Musk Shares Dogecoin Video

Tesla and Spacex CEO Elon Musk shared a video in regards to the meme cryptocurrency dogecoin (DOGE) on April 1 in reply to a tweet about bitcoin by Brett Winton, Ark Make investments’s director of analysis.

Within the tweet, Winton quoted a dialog about bitcoin mining the place he appears to be having issue explaining to his mother on April Fools’ Day that bitcoin miners are computer systems. Replying with a meme video titled “Ð is for Ðogecoin” on the identical day, Musk wrote: “Simply present her this video explains all the pieces.”

Tesla CEO Elon Musk Shares Dogecoin Video — Says It 'Explains Everything'

The quick video options the DOGE mascot on a journey to the moon. The shiba inu on a rocket handed bitcoin and different main cryptocurrencies as the worth of DOGE soared.

Winton replied to Musk: “A meme too far for her I’m afraid. (However, my 5-year-old is now frantically agitating to arrange a Coinbase account).”

Dogecoin co-creator Billy Markus commented on Musk’s tweet, stating that the meme video is the “finest cryptocurrency video in historical past.”

Musk shared this explicit video on Twitter earlier than, together with on Feb. 7 final yr when he tweeted: “Ð is for Ðogecoin! Educational video.”

The DOGE group is ecstatic that Musk tweeted about their favourite cryptocurrency once more. They’ve lengthy known as the Tesla CEO “the Dogefather” and appreciated him sending the worth of dogecoin upward together with his tweets.

Dogecoin, the twelfth largest cryptocurrency by market cap, is buying and selling at $0.1431 per coin on the time of writing, based mostly on knowledge from Bitcoin.com Markets. Nevertheless, Musk’s newest DOGE tweet didn’t transfer the market a lot. The meme coin was hovering round $0.1420 when he tweeted.

Musk confirmed in March that he owns bitcoin, ether, and dogecoin, emphasizing that he won’t promote them. The Tesla boss believes that dogecoin is the individuals’s crypto and DOGE is the perfect cryptocurrency for transactions. In distinction, he sees bitcoin as a retailer of worth. His electrical automobile firm additionally accepts DOGE for some merchandise.

Under is the video about DOGE shared by Elon Musk.

What do you consider Elon Musk sharing a dogecoin video that “explains all the pieces”? Tell us within the feedback part under.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source methods, community results and the intersection between economics and cryptography.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

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