Here are quoted reasons why Elon Musk supports Dogecoin. Elon Musk Addresses Dogecoin And Investing In Crypto
“I intend to personally support Dogecoin because I just know a lot of people who are not that wealthy who have encouraged me to buy and support Dogecoin, so I’m responding to those people, just people that walk around the factory at SpaceX or Tesla. They’ve asked me to support Dogecoin so I’m doing so.”
“I have never said that people should invest in crypto. SpaceX, Tesla, myself all did buy some Bitcoin but it’s a small percentage of our total cash and near-cash assets, so not all that significant.”….
“I also bought some Dogecoin and Tesla accepts Dogecoin for some merchandise and SpaceX will do the same…I said I support Dogecoin and I’m doing that.”https://cryptogazette.com/elon-musk-addresses-dogecoin-and-investing-in-crypto/
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