Elon Musk Explains Why Dogecoin Is Better Than Bitcoin as DOGE Breaks Into Top 10

Elon Musk Explains Why Dogecoin Is Better Than Bitcoin as DOGE Breaks Into Top 10
헤드라인뉴스Elon Musk Explains Why Dogecoin Is Better Than Bitcoin as DOGE Breaks Into Top 10

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Elon Musk Explains Why Dogecoin Is Better Than Bitcoin as DOGE Breaks Into Top 10

U.Today4 months ago
게시 날짜, February 08, 2021 05:58 GMT+0수정된 날짜, February 08, 2021 06:00 GMT+0

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It appears that Elon Musk, the richest person on the planet, is dead serious about his obsession with meme cryptocurrency Dogecoin (DOGE).
 
After days of non-stop DOGE memes, Musk now talks about Dogecoin’s technical viability in a more serious tone. In a recent tweet, he took a shot at Bitcoin’s presumably deflationary monetary policy to make a case for the Shiba Inu-inspired crypto:

Doge appears to be inflationary, but is not meaningfully so (fixed # of coins per unit time), whereas BTC is arguably deflationary to a fault.    

He also notes that Dogecoin is “a few orders of magnitude faster” than the Big Daddy of crypto.

Dogecoin is back in the top 10   

Joke cryptocurrency Dogecoin (DOGE) is back in the top 10 on CoinMarketCap (CMC) after soaring to $0.0873 on Feb.