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Elon Musk Keeps Supporting Dogecoin Amid Market Crash

ByLouis Adams

Jun 22, 2022 #Altcoins
Reading time: < 1 minute

Tesla CEO Elon Musk has reaffirmed his support for the meme crypto Dogecoin despite the ongoing market correction, Bloomberg reports.

He billionaire has emphasized that he has never forced people to invest in the cryptocurrency he likes. He has added:

“I know that many people who are not so rich inspired me to buy and support Dogecoin. To these people, I can say – I intend to personally support Dogecoin.”

Musk has said that Tesla will continue to sell goods for Dogecoin and SpaceX will soon follow suit. The billionaire has also said that his companies purchased Bitcoin using a small percentage of monetary assets.

Musk is actively promoting the meme crypto. In April, he proposed lowering the cost of a Twitter Blue subscription and allowing users to pay for the premium service in DOGE.