Elon Musk has hinted towards working with the Dogecoin developers to ‘improve system transaction efficiency’, he has tweeted.
The CEO of Tesla and the Boring Company made the tweet days ago after he and Tesla pulled the choice to pay for products using rhe cryptocurrency.
As a result, the price of cryptocurrency fell steeply with many investors losing thousands.
However, Dogecoin has since bounced back quite well after Elon’s tweet.
He clarified after the Bitcoin news: “To be clear, I strongly believe in crypto, but it can’t drive a massive increase in fossil fuel use, especially coal.”
Meanwhile, we will be covered all the live news, price and important updates about cryptocurrency across the world including anything you might have missed that could affect your crypto coins and tokens.