Elon Musk: I Will Continue to Support Dogecoin (DOGE)

Tesla CEO Elon Musk continues to tweet about the popular meme cryptocurrency Dogecoin (DOGE).

Elon Musk announced that he will continue to support Dogecoin by tweeting today. On top of that, a follower said, “Then keep buying Dogecoin.” Musk replied to these words as “I will continue”.

What’s the Situation in Dogecoin?

The popular meme cryptocurrency DOGE has slumped over 30% in the past 2 weeks. However, the cryptocurrency managed to gain 4% in the last 1 hour after Musk’s tweet (at the time of writing). According to CoinGecko data, DOGE has risen by 7% in the last 24 hours.

Dogecoin is 92.1% off its ATH from last year.

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