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Elon Musk Favours Dogecoin, NANO Community Tries to Get Tesla CEO as Their Supporter

Wed, 04/03/2019 - 13:11
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Alex Dovbnya
?Elon Musk has now voiced his preferences regarding digital assets, or maybe he was just having fun on Twitter ?
Elon Musk Favours Dogecoin, NANO Community Tries to Get Tesla CEO as Their Supporter
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A while ago, Elon Musk, the CEO of Tesla, said on Twitter that Bitcoin was excellent. Now he has kind of praised one of the oldest and most popular assets in the market – Dogecoin.

Musk praises Dogecoin

On April 2, the Tesla founder mentioned DOGE in his tweet.



He wrote this in response to a poll made on April Fool’s Day, in which users voted for a potential Dogecoin CEO or expressing their opinion as to who would look good in this position.

Elon Musk got 54 percent of votes. The Dogecoin account responded promptly.


The head of Tesla responded to the ‘honor’ with a few tweets, among which was one saying “Dogecoin rulz” as a caption to a meme picture of DOGE.

Bitcoin’s Rise Pulls Other Top Ten Coins Up High, BTC Spike Caused by Crypto Whales, Experts Believe

DOGE creator steps in

After this, Jackson Palmer, who created Dogecoin in the first place, made a parody tweet about Elon Musk, reminding the Tesla founder of his own tweet which made the SEC take steps against Musk.

It looks as though Elon Musk was proud of being ‘appointed’ the Dogecoin CEO since he first changed his bio section on Twitter to ‘Doge CEO’ and then to ‘Former Doge CEO’.

As ‘former Doge CEO’, Musk has warned investors in his recent tweet that the price of DOGE may vary.

Some Twitter users, though, have tried to talk Elon Musk into supporting NANO instead of DOGE, claiming that their platform is the most innovative.

Some Twitter users


DOGE market stance

Presently, Coinmarketcap reports that DOGE is trading at $0.003366, having shown an increase by 33 percent.

DOGE market stance

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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