Elon Musk, CEO of Tesla, has been very vocal about Dogecoin.
So vocal, in actual fact, that he even tweeted that if “main Dogecoin holders” offered “most of their cash” then it could “get [his] assist.”
And the discussions round Dogecoin as Bitcoin hits file highs of $50,000.
Cryptocurrency, on the whole, has managed to achieve the eye not solely of r/WallStreetBets–the subreddit that turned well-known for the GameStop quick squeeze, however is utilized by youthful daytraders and buyers to share ideas, wins, losses and concepts round numerous shares and even cryptocurrencies–but additionally the lots previously couple of years.
Kenny Polcari, managing associate at Kace Capital Advisors, weighs in on Dogecoin versus different cryptocurrencies.
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