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Elon Musk still buying DOGE

Elon Musk has declared he will “keep supporting Dogecoin” despite the memecoin’s value plunging substantially in the past year — and revealed that he’s continuing to buy the cryptocurrency.

The billionaire’s posts may have been related to a recent lawsuit that sues him, as well as Tesla and SpaceX, for a whopping $258 billion. Musk’s tweet helped contribute to an 11% surge in the value of Dogecoin in the early hours of Sunday morning, helping to prove that the world’s richest man’s musings can still have an impact on the altcoin markets.

But there’s a danger this could pour fuel on the fire of the legal action brought by American investor Keith Johnson.



This post first appeared on Celeb Gossipz | Get All The Latest Celebrity News And Hot Photos!, please read the originial post: here

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Elon Musk still buying DOGE

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