Musk has said he will keep supporting and buying Dogecoin, a cryptocurrency he has been vouching about for years. Amid the 'crypto winter', Dogecoin digital currency has tumbled from its high of nearly $0.74 to just over $0.05 in recent days.
In a tweet on Sunday, Musk said: «I will keep supporting Dogecoin.» Presented ByDid you Know?Premium tea company Vahdam India has gifted a personalised NFT to Parag Agarwal the newly-appointed Indian-origin CEO of TwitterView Details » Reacting to a follower who asked him to keep buying Dogecoin too, Musk replied that he will keep purchasing the cryptocurrency.
Called 'Dogefather', Musk has long been a vocal proponent of Dogecoin and tweeted several times in the past to help spike the price of the digital token.
Last week, a Dogecoin cryptocurrency investor in the US sued Musk, Tesla and SpaceX for $258 billion for allegedly operating an illegal racketeering enterprise to inflate the price of Dogecoin.Read more on economictimes.indiatimes.com