“Super important” – Billionaire Elon Musk made a radical Dogecoin proposal amid huge Bitcoin and crypto price hikes
Elon Musk, the Dogecoin-boosting Telsa billionaire, has looked at meme-based cryptocurrency again, advising that Dogecoin fees need to go down before it can become a viable payment option.
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The price of Dogecoin has increased in the past 24 hours and has increased in parallel with the Bitcoin price as confidence in the cryptocurrency market returns. The bitcoin price rally that came after a steep sell-off resulted in a broad spike in crypto prices.
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Elon Musk, CEO of Tesla, introduced Dogecoin as a kind of favorite project this year, even after it was added … [+]
“It’s super important that doge fees drop to do things like buying films [tickets] viable, “Musk said via Twitter TWTR.
Musk, who has repeatedly called for updates and improvements to Dogecoins this year, responded to a tweet from Dogecoin co-creator Billy Markus.
“Robinhood Announces Wallets, AMC CEO Not Only Talks About Adopting Dogecoin, Says It Is The Tweet He Ever Made That Has The Most Interacted With Tweets The AMC Cinema Chain, Adam Aron And The Toll Free Trading App Robinhood announced that they will soon be launching a crypto wallet.
“It’s clear that you think AMC should accept Dogecoin,” said Aron after AMC announced in August that it plans to accept Bitcoin, Ether, Bitcoin Cash and Litecoin by the end of the year. “Now we have to find out how to do it.”
Aron had previously conducted a Twitter poll that received 140,000 votes within 24 hours, with 68% voting for AMC to accept Dogecoin. Another 9% said they would keep using the cryptocurrency even if they didn’t use it, while 23% said AMC shouldn’t bother with Dogecoin at all.
“The Dogecoin poll was by far my highest tweet ever read,” added Aron. “In 24 hours, 4.2 million views, the most retweets, the most responses.”
Musk “liked” the Dogecoin poll on Twitter, which led Aron to call Musk “the epitome of innovation before anyone else”.
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Dogecoin price soared after Elon Musk’s surprising Dogecoin proposal and climbed alongside that … [+]
Musk, who has become one of Dogecoin’s biggest supporters after years of support, has repeatedly endorsed the meme-based Bitcoin rival and has drawn the ire of the Bitcoin community. In July, during a live discussion with Jack Dorsey of Twitter and major Tesla and Bitcoin investor Cathie Wood, Musk spoke about ideas he had previously come up with about using Dogecoin and Ethereum to “maximize transaction rates and reduce transaction costs “.
Earlier this month, Musk called a Dogecoin upgrade designed to secure the Dogecoin blockchain and lower transaction fees “important”.