Elon Musk has issued the crypto community perhaps a rare word of caution.
In a tweet Friday, Musk, the CEO of Tesla Inc.
His tweet was linked to a Feb. 16 YouTube video where the billionaire futurist warned that there are limitations to dogecoin
Musk will host NBC’s late-night live television comedy sketch show, “Saturday Night Live” this weekend and his upcoming appearance has already drawn cheers and jeers.
Musk has been one of the biggest cheerleaders for dogecoin and crypto broadly. The self-appointed “Technoking” of Tesla
Many are anticipating that Musk will make comments on Saturday that could lift the price of dogecoin if not bitcoin
Doge devotees have very publicly set a target of $1 for the coin in 2021, a number that might seem extremely modest at first glance but not when viewed through the prism that Doge traded at $0.005 on the final day of 2020.
On Friday, dogecoin prices were up 1.8% at 62.07 cents on CoinDesk and is up more than 13,000% so far in 2021.
Gains in traditional assets have been pedestrian set against dogecoin. Gold futures