Elon Musk has in full swing mentioned in his Twitter raising whether or not Tesla should agree to take dogecoin on 11, May 2021. The “Dogefather” is desperately setting one of crypto’s hottest digital coins on the instant front. On Tuesday, Elon Musk announced a poll on his Twitter account querying his 53.9 million followers: “Do you need Tesla to accept Doge?”

Elon Musk is seen to be a keen follower of cryptocurrencies. He has tried to make it popular this year. He had been inspired by big market-moving swings in the values of digital coins, including Dogecoin and Bitcoin.

While Elon Musk is increasing Bitcoin has been escorted by serious moves to hasten the world. It is the most popular cryptocurrency’s development towards becoming a mainstream form of payment. He has posted a tweet on Dogecoin that started as a joke but later has been more playful.

SpaceX, Elon Musk's profitable rocket firm, will go onboard on a Moon voyage in 2022. It will be carrying a so-called CubeSat -- a mini-satellite used for space research. It comes from Geometric Energy Corp. which's been rewarded completely in Dogecoin.

Does Elon Musk support Dogecoin?

Elon Musk has always supported dogecoin, a cryptocurrency that is happening as a prank that portrays a Shiba Inu dog. The currency that takes place as a joke converts into real currency.

Why is Elon Musk talking about Dogecoin?

His cryptic tweets "Dogecoin'' and "Doge" are the people's crypto" that month kicked off a gathering in dogecoin. He is trying every single minute to make dogecoin famous. On Thursday, Musk tweeted: "Cryptocurrency is promising, but please invest with caution!

Later promising for Bitcoin, Tesla CEO Elon Musk now supports Dogecoin cryptocurrency. In fact, people are now calling him "Dogefather". Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who created a payment system. Approximately 113 billion coins have already been mined.

Shivangi Mujumdar

CBW - External Analyst

INDIA