Meme cryptocurrency Dogecoin (CRYPTO: DOGE) is no stranger to sudden spikes in its price. Some of the spikes can be attributed to the world’s richest man, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk.
What Happened: Dogecoin co-founder Billy Markus shared on Twitter Thursday that he liked Dogecoin because “it know it is stupid.”
The tweet landed a response from Musk who said “it has potential as a currency.”
It has potential as a currency
— Elon Musk (@elonmusk) May 12, 2022
Markus went on to say he enjoys Dogecoin can have utility and be successful. Markus also took the time to share a thought on other cryptocurrencies.
“I also enjoy that Elon Musk liking Dogecoin causes people to have pointless meltdowns because he …
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