Elon Musk says Dogecoin could be the future of cryptocurrency

Elon Musk is giving Dogecoin great credibility in the world of technology / finance – but says that while it has the potential to be the king of cryptography … you may not want to bet everything on that bet.

We got the Tesla boss on Friday night at the BOA in WeHo … where he was signing a series of autographs and posing for pictures, masked. Dude, we haven’t seen that in a while.

Anyway, we talked to him about the new cryptocurrency that is currently in fashion – Dogecoin, which Elon and other celebrities have been supporting lately … this is because traders (amateurs or not) have been praying for him to go to the Moon. “

Elon tweeted that Doge is the “cryptography of the people” and he has folded with us – saying that the will of the people will determine its value, and that he is willing to give him some exposure if it facilitates Doge’s growth to that end. BTW, Dogecoin has gone up about 600% since last year … it has already traded well under a penny – and has reached $ 8 cents recently.

So yes … it may well be the next Bitcoin – worth $ 40k today – but Elon notes that the fact that Doge has no finite limit or limit hurts him in the long run.

It also gives some excellent advice for new investors looking to get into the crypto game – and it basically comes down to that … of course, roll the dice … but not all of your data. Watch for yourself.

One last thing – Elon tells us that cryptography seems to be where the money is going, but the question still remains … which one will come out on top ??? He claims that Dogecoin has a chance to be the best … well, dog. What started out as a meme / joke may be your next bank.