The Tesla and SpaceX boss said in an interview on the Clubhouse app on Sunday night that his social media posts about dogecoin are „really just meant to be jokes.“
Elon Musk says his social media posts about meme cryptocurrency dogecoin are „just meant to be jokes“ and his true allegiance lies elsewhere. The Tesla and SpaceX boss admitted in an interview on the Clubhouse app on Sunday night he is an advocate of bitcoin, just days after changing his Twitter bio to promote that cryptocurrency in a move that boosted its value by up to 20 percent. Previously, the billionaire CEO’s favourite crypto was never clear, but he had repeatedly appeared to endorse dogecoin—launched in 2013 using branding of a Shiba Inu dog from a then-popular internet meme—to his millions of Twitter followers. Last Thursday, dogecoin’s price surged amid a wider stock market frenzy and Musk tweeted an image of a magazine titled „Dogue“ that was viewed as support from the coin’s community.
