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How much will Dogecoin be worth?

Will Dogecoin ever reach $1 mark?



Dogecoin is a meme-based cryptocurrency that was initially made to make fun of Bitcoin. It was initially launched on December 6, 2013. Since then it was not very popular among people until Elon Musk first tweeted about it.

Dogecoin is expected to stay strong and reach $1 mark by the end of the year 2021.

Does Elon Musk own dogecoin?

The answer is yes. He recently tweeted that he bought Dogecoin for his son 'lil X'. He posted a picture of his son on Twitter saying "Bought some Dogecoin for lil X so he can be a toddler holder. After his tweet, Dogecoin went up high for a brief interval of time. He was later joined by Snoop Dogg and Gene Simmons.

What Elon Musk said about Dogecoin?

Elon Musk in his tweets has said that Dogecoin is people's crypto which sent the prices of Dogecoin soaring up to 50%. 

He said that he will support major Dogecoin holders selling most of their coins saying that too much concentration is the real issue. He said he would literally pay actual dollars if they just void their accounts.

Why Elon musk support Dogecoin?

Replying to a question from one of his 45 million followers on Twitter which said "Why do you love $Doge so much lol?", he answered that he "loves dogs and memes".
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