Last week the price of Dogecoin (Cryptocurrency inspired memime developed “in about two hours” in 2013) fell sharp after Elon Musk said on Saturday night the life that Cryptocurrency was “crowds.” Now, it might confirm the statement, Musk has followed up on the announcement that Tesla “suspended” payment in Bitcoin because of its inefficiency, by tweeting about the increase in “potentially promising” in dogecoin.
Naturally, the tweet has increased speculation that dogecoin can have use and coinbase in the future reported that the value was fired 18 percent, before falling again. Tesla revealed that the company would look for more energy efficient options than the trend of using “insane” shown by Bitcoin, although the real surprise of the musk on the fact that this had known to make everything feel like an action. Like Bitcoin, Dogecoin depends on the “proof” blockchain technology that is less efficient, and more efficient Cryptocurrurity is available, but it hasn’t stopped speculators to pursue the dream of Tesla, SpaceX and Doge.
