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Will You Use Your Dogecoin for SpaceX Merch?
Will You Use Your Dogecoin for SpaceX Merch?
Elon Musk Loses His Cool
Tesla’s CEO, the richest man in the world, is not used to having his accomplishments questioned.
- LUC OLINGA
- JUN 1, 2022 12:04 PM EDT
Few people contest that Elon Musk has become the most influential CEO in the world.
That influence extends beyond the automotive and space spheres, where two of the companies he leads — Tesla (TSLA) – Get Tesla Inc Report and SpaceX — are the leaders or among them. The billionaire’s tweets and decisions also have a significant impact on the cryptocurrency industry.
Musk is one of the influencers of dogecoin, one of the most important digital currencies in terms of market value — $11.6 billion, according to data firm CoinGecko.
Dogecoin features the image of the shiba inu dog as its logo and namesake. It’s considered the first of the so-called meme coins, which are inspired by a meme or have some humorous characteristic.
It was created by software engineers Billy Markus and Jackson Palmer, who’d said they’d decided to create a payment system as a joke. The coin was supposed to make fun of the wild speculation in cryptocurrencies.
Now, despite the billionaire’s support for dogecoin, Palmer has just launched virulent attacks against Musk, in particular denying him his standing as a visionary.
