#ElonMusk reveals why he doesn't like cryptos except Dogecoin ๐๐ฐ
Elon Musk, the billionaire behind SpaceX, is known for his unique relationship with crypto, especially Dogecoin ๐ช. While his company holds an impressive 6,900 Bitcoins worth $810 million, Musk made it clear that heโs not a crypto fanโexcept when it comes to Dogecoin. Musk openly admitted his soft spot for the meme coin, saying: "I like dogs and memes" ๐ถโจ.
His affection for Dogecoin isnโt just for funโheโs helped it rise from meme status to mainstream, often calling it the "people's crypto." Even a casual mention by Musk can send the price soaring ๐. Dogecoin is currently showing signs of a breakout, with predictions suggesting it might rise by 80% in the next two months ๐. Crypto analyst Ali Martinez suggests that a trend reversal could see Dogecoin hitting $0.42 by September ๐.
Meanwhile, Bitcoin remains the gold standard in crypto, recently reaching an all-time high of $123,091 ๐ . But Dogecoin, the underdog, is gaining momentum, attracting corporate investors like Bit Origin who have added DOGE to their treasury.
โจ Dogecoin vs Bitcoin: Which Meme Has More Momentum?
Originally created as a joke in 2013, Dogecoin has gained real-world acceptance, with businesses like Bit Origin adding it to their balance sheets ๐ผ. Itโs still early, but signs of mass adoption are showing.
๐ Takeaway: Whether you're a fan of Bitcoin or rooting for Dogecoin, Muskโs influence on the crypto market is undeniable. Could this meme coin be the next big thing? Only time will tell โณ.
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