November 5, 2024

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Elon Musk Named Top 3 Cryptocurrencies

Elon Musk Named Top 3 Cryptocurrencies

Elon Musk is a crypto evangelist.

The billionaire is one of the most influential voices in the cryptocurrency market.

An announcement or comment from him about a digital currency can fundamentally change the evolution of this asset. For those who follow the cryptocurrency market closely, they know that the billionaire is the main supporter of the Dogecoin (DOGE) meme coin. If he withdraws his support for the cryptocurrency, DOGE will collapse as quickly as its price is rising.

DOGE, which features the Shiba Inu dog as its logo and bears its name, is the eighth digital currency by market capitalization, far ahead of cryptocurrencies associated with Decentralized Finance (DeFi) projects that are the future of financial services.