Elon Musk Asks Followers to Submit Dogecoin Development Ideas

News

Tue, 05/25/2021 - 05:51

Alex Dovbnya

Elon Musk is determined to fix Dogecoin, and he needs your help

Elon Musk Asks Followers to Submit Dogecoin Development Ideas

Cover image via en.wikipedia.org

Read U.TODAY on

Google News

Tesla CEO Elon Musk is stepping up his effort to improve Dogecoin, urging his followers to submit their development proposals on GitHub and Reddit in a recent tweet.

On May 13, Musk tweeted that he was working with Dogecoin developers to improve the meme coin’s transaction efficiency.

Later, he came up with a controversial scaling proposal for the joke cryptocurrency, reinvigorating the tired “block size” debate within the cryptocurrency community.

Elon Musk Hints Dogecoin May Reach $1

Musk is known as the most powerful supporter of the parody cryptocurrency who is credit for its astronomic rise.

Dogecoin is currently trading at $0.34 on the Binance exchange after recovering from the Sunday plunge.

#Elon Musk #Dogecoin News

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.