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why is musk promoting dogecoin

Last Updated on December 23, 2023 by Paganoto

Elon Musk pyramid scheme lawsuit – The Indian Express

Elon Musk pyramid scheme lawsuit – The Indian Express

Musk endorsed Dogecoin over Ethereum saying that DOGE can be used to make Decentralised Finance (DeFi) more accessible to everyone. DeFi system is a blockchain-based form of finance that does not rely on financial intermediaries such as brokerages, exchanges, or any banks to offer services.Jun 17, 2022

Elon Musk Says He Supports Dogecoin After People …

Elon Musk Says He Supports Dogecoin After People …

It’s official, yet again: Elon Musk supports Dogecoin.

Elon Musk on his crypto portfolio and why he supports dogecoin

Elon Musk on his crypto portfolio and why he supports dogecoin

But on Sunday, Musk clarified that he doesn’t own any shiba inu coins and that he only owns bitcoin, ether and dogecoin. “That’s it,” he said. “ …

Elon Musk Reveals Why He's Backing Dogecoin Over Bitcoin …

Elon Musk Reveals Why He's Backing Dogecoin Over Bitcoin …

Musk took to his preferred platform, Twitter, to explain why he’s backing dogecoin, telling another Twitter user dogecoin “has dogs and memes”— …

Dogecoin: Why is this Elon Musk's favourite cryptocurrency?

Dogecoin: Why is this Elon Musk's favourite cryptocurrency?

Elon Musk reveals reasons behind support for Dogecoin​​ “Fundamentally, Bitcoin is not a good substitute for transactional currency,” Musk said. …

History of Musk Love for Dogecoin From SpaceX Mission to …

History of Musk Love for Dogecoin From SpaceX Mission to …

Elon Musk has promoted Dogecoin on Twitter since 2019 and has helped developers on the platform. During the GameStop rally, the billionaire …

I will keep supporting and buying Dogecoin crypto, says Elon …

I will keep supporting and buying Dogecoin crypto, says Elon …

As all the leading cryptocurrencies get hammered, Tesla CEO Elon Musk has said he will keep supporting and buying Dogecoin, a cryptocurrency …

Elon Musk facing $258B lawsuit for promoting Dogecoin …

Elon Musk facing $258B lawsuit for promoting Dogecoin …

The lawsuit alleges that Elon Musk and his companies were involved in a “crypto pyramid scheme” related to the popular dog-themed …

Elon Musk reveals why he loves Dogecoin after tweeting in …

Elon Musk reveals why he loves Dogecoin after tweeting in …

Musk had earlier called DogeCoin “people’s crypto”, in a follow-up tweet he wrote: “No highs, no lows, only Doge“. Not just that, Tesla chief …

Elon Musk sued for $258 billion over alleged Dogecoin …

Elon Musk sued for $258 billion over alleged Dogecoin …

Defendants were aware since 2019 that Dogecoin had no value yet promoted Dogecoin to profit from its trading,” the complaint said. “Musk …