Is Elon Musk Planning To Actually Give Dogecoin To The Moon?

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Elon Musk

More recently, Elon Musk has expressed his support for the meme-cryptocurrency that he supports on Twitter.

In an amusing picture shared on his account, an astronaut was seen with a dog in a spacesuit on the moon, which was using the hashtags “DOGE” and “Wow.”

Tesla CEO Elon Musk has used one-word to sum up his opinion of the situation: “Literally.” The term can be interpreted as including the word “rally,” as well as using it in the sense of “literally.” Musk called Dogecoin “the people’s cryptocurrency.”

To date, Elon Musk has used his Twitter account to both drive the price of DOGE and Bitcoin higher. Nevertheless, those coins remained in place for just a brief period before reversing.

In earlier Feburary, Tesla disclosed that it had purchased $1.5 billion in Bitcoin with its available cash reserves.

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