Does Elon really take doge to the moon?
The majority of people are believing that Elon will do something and Dogecoin will hit $1 by this year. What do you think guys? Will tesla accept dogecoin as a payment? And the chances are high that other merchants do accept dogecoin as a payment.
Share your thoughts.
I don't really know if i would say that Elon Musk is backing Dogecoin. I mean he made a few tweets about it 1 or 2 years ago or so and that was pretty much it. Those tweets though were enough to make Dogecoin pump pretty hard and those tweets were also the reason why we had that huge wave of meme-coins appearing back then, which was definitely a bad thing for the whole crypto market.
Also i don't really think, that the majority of people really think, that Dogecoin will hit 1$ this year. This would be a x12 from here on and if that would be the case, then people would be already buying Dogecoin now if they were so sure that it will be at 1$ in only a few weeks. I would not expect to much from Dogecoin.