Did Shiba overtake Dogecoin?
Shiba Inu has been nipping at the heels of its competitor, Dogecoin, since it was launched. and it seems to be winning – for now at least – as this latest rise helped it overtake Dogecoin to become the ninth most popular cryptocurrency in terms of market value.
What did Elon Musk say about Doge?
Tesla chief Elon Musk said that cryptocurrency Dogecoin fees would need to fall for it to become more widely used in retail purchases. “Super important for Doge fees to drop to make things like buying movie tix viable,” Elon Musk tweeted.
Why is Elon Musk supporting Doge?
Musk explained the reasoning behind his support for Dogecoin: “Lots of people I talked to on the production lines at Tesla or building rockets at SpaceX own Doge. They aren’t financial experts or Silicon Valley technologists. That’s why I decided to support Doge – it felt like the people’s crypto.”
Can Shib hit a penny?
If Shiba Inu were to reach a penny, the cryptocurrency would be worth multiples more than Bitcoin. Because of the massive amount of capital required for SHIB to reach a penny, it’s highly unlikely this will happen.
Does Elon Musk actually own Dogecoin?
Elon Musk owns dogecoin but not a Shibu token. Musk also said that he doesn’t have a single Shibu tokens but hash strings called Bitcoin. Shiba Inu went on a high to become the 11th largest cryptocurrency in the world.
What happened to Dogecoin after Elon Musk’s Saturday Night Live appearance?
Dogecoin actually crashed 20\% after the show in another classic ‘buy the rumor, sell the news’ incident. If you were hoping Elon Musk’s appearance on Saturday Night Live would make your Dogecoin pockets skyrocket so you could buy a present for your mom today, we’re sorry to tell you that you are out of luck.
What happened to Dogecoin on Saturday Night Live?
As Elon Musk – the self-proclaimed “Dogefather” – made his “Saturday Night Live” debut, the price of dogecoin fell off a cliff. The meme-inspired cryptocurrency fell as much as 29.5\%, dropping to 49 cents at one point. Musk mentioned dogecoin in his opening monologue and on “Weekend Update,” SNL’s satirical news show.
Who is Elon Musk and why is he controversial?
Musk has spread misinformation about the COVID-19 pandemic and has received criticism from experts for his other views on such matters as artificial intelligence, cryptocurrency, and public transport . Elon Reeve Musk was born on June 28, 1971, in Pretoria, South Africa.
What did Elon Musk do to make space travel affordable?
Musk believed that the key to making space travel affordable is to make rockets reusable, Though most experts in the space industry did not believe that reusable rockets were possible or feasible. On December 22, 2015, SpaceX successfully landed the first stage of its Falcon rocket back at the launch pad.