On January 17, 2013, Billy Markus, who co-founded Dogecoin (DOGE) with Jackson Palmer as a parody of Bitcoin, tweeted that now DOGE has turned into something more than just a joke. This situation also received the support of Tesla CEO Elon Musk.
Musk supported Markus’ stance against Dogecoin criticism
In his tweet, the developer complained that many people in the crypto community are still having “nervous tantrums” over Dogecoin coming out as a joke. So far, Markus insists that DOGE is not just a joke crypto, it’s also useful. Dogecoin’s biggest and most influential supporter, Tesla CEO Elon Musk, tweeted a classic tweet to support DOGE’s co-founder. The tweet read:
The most fun outcome is the most likely.
After Musk’s tweet, DOGE rose from $0.165 to $0.173. The popular meme coin has dropped back to $0.166 at the time of writing. While DOGE experienced an increase of 16 percent in the last 7 days, it lost 3.5 percent in the last month.
DOGE is accepted by no-nonsense businesses
Recently, several large and small businesses have started accepting the largest meme coin, Dogecoin, as a payment method. These include major US movie theater chain AMC, gaming giant Nexon, Gamestop, and Mark Cuban’s Dallas Mavericks. Also, cryptocoin.com As we have also reported, Tesla recently announced that it has started receiving DOGE payments for some of its products in the online Tesla Shop.
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