Elon Musk has invited people to help develop Dogecoin and submit their ideas via GitHub or Reddit’s r/dogecoin, alongside announcing his recent conversation with Bitcoin’s North American miners. The NA region that mines Bitcoin (BTC) has already committed to going renewable with its energy consumption, hinting that it still holds on to the cryptocurrency.
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HAWTHORNE, CA – DECEMBER 18: Elon Musk, co-founder and Chief Executive Officer of Tesla Inc., speaks at an unveiling event for The Boring Company Hawthorne test tunnel December 18, 2018 in Hawthorne, California. On Tuesday night, The Boring Company will officially open the Hawthorne tunnel, a preview of Musk’s larger vision to ease traffic in Los Angeles.
Dogecoin and Bitcoin back-to-back on Tesla and Elon Musk’s portfolio? It may be coming soon, or it may not. Still, the recent tweets of the CEO show his continued support for cryptocurrency, stirring up the market.
Musk is known to be the supporter of most things digital, from the NFTs to social media, and the technology of his vehicles, along with cryptocurrency.
In recent times, the Tesla CEO has showcased different tweets which express his opinions and claims with regards to different cryptocurrencies, especially after finding out about Bitcoin’s coal mining energy source. It has caused a massive drop for the crypto market, which is now bordering below $40,000, one of its lowest for the year.
Read Also: Dogecoin Drops to 6th Spot, Replaced by Tether, Cardano in Cryptocurrency Charts-Who Are They?
Elon Musk Invites People to Develop Dogecoin
In the recent series of tweets by the Tesla CEO (@elonmusk), he has suggested the public help develop Dogecoin ($DOGE) as it aims to bring changes to the cryptocurrency’s current stature.
Musk even provided links that led to GitHub development, Reddit’s forum of r/dogecoin, and tagging Dogecoin developer’s Twitter account.
Someone suggested changing Dogecoin fees based on phases of the moon, which is pretty awesome haha
— Elon Musk (@elonmusk) May 24, 2021
This shows how much Elon Musk supports cryptocurrency, especially as he includes it on his schedule to accommodate the different talks about the blockchain with concerned parties and the public. Additionally, the CEO shared that the Dogecoin development suggestion shows the idea of changing the coin’s valuation to that of the moon’s phases.
Tesla, Elon Musk Bitcoin Comeback?
On the other hand, Elon Musk has expressed another cryptocurrency update. This time, it was dedicated to Bitcoin ($BTC), which was initially suspended by Tesla due to its coal energy usage. Here, Musk mentioned that the North American region miners of the coin are committing to the use of renewable energy.
Spoke with North American Bitcoin miners. They committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising.
— Elon Musk (@elonmusk) May 24, 2021
The CEO believes that this was the coin’s first step to clean energy commitment and hopes that the NA region shares it with miners worldwide. This also suggests that Musk and Tesla are still holding on to their BTC faith and investments and not letting go of the coin they poured millions into.
Related Article: Elon Musk Won’t Sell His $DOGE Despite Cryptocurrency Plunge
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Written by Isaiah Richard
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