Elon Musk Reiterates Support for Dogecoin After Facing $258,000,000,000 Crypto Lawsuit

Elon Musk Reiterates Support for Dogecoin After Facing $258,000,000,000 Crypto Lawsuit


Tesla CEO Elon Musk is once again confirming his support for popular meme token Dogecoin (DOGE) despite getting hit with a multimillion-dollar lawsuit that alleges he promoted the dog-themed crypto asset as a pyramid scheme.

The business magnate tells his 99 million Twitter subscribers that he will continue to support and purchase DOGE even as he faces a massive $258 million lawsuit that claims he propped up a fraudulent crypto scheme.

“I will keep supporting Dogecoin.”

Trending: Biden’s July Fourth message from last year has aged hilariously terribly

When prodded by a user who told him that he should continue buying DOGE, Musk replied “I am.”

Musk reiterating his support for Dogecoin sent the meme asset on a rally as it rose from a seven-day low of $0.0501 to $0.0622, a 24% increase. DOGE has since

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend