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Elon Musk Explains Why He's Not Interested in Cardano, Ethereum, IOTA, and Other Coins

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Tue, 05/25/2021 - 06:30
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Alex Dovbnya
Elon Musk is here for the memes
Elon Musk Explains Why He's Not Interested in Cardano, Ethereum, IOTA, and Other Coins
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Ever since Tesla dropped Bitcoin payments due to environmental corners, sustainable and scalable cryptocurrency projects have been trying to pique Elon Musk's interest, but to no avail. 

In his recent tweet, the centibillionaire claims that he's not interested in cryptocurrencies like Ethereum, Cardano, IOTA, and Polkadot because they don't have memes and dogs: 

Doge has dogs & memes, whereas the others do not.

Musk
Image by @elonmusk

Meanwhile, Musk is moving forward with bolstering the development of joke cryptocurrency Dogecoin, recently asking his followers to submit their ideas.             

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The canine token has now entered mainstream consciousness because of the Tesla CEO's frequent tweets.  

It seems that other crypto projects will have to step up their meme game instead of promoting their green cred.   

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About the author

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.