October 26, 2021

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Elon Musk Shares ‘Super Important’ Proposal For Dogecoin To Become A Viable Payment Option



SpaceX and Tesla founder Elon Musk, who is also known for his profound interest in Dogecoin, has once again gained everyone’s attention with a tweet in favour of the meme-based cryptocurrency. Responding to Dogecoin co-creator Billy Markus aka Shibetoshi Nakamoto’s tweet, Musk suggested a proposal to make the cryptocurrency a viable payment option for all.

While the price of cryptocurrency managed to bounce back in the past 24 hours, Markus took to the microblogging site, responding to Chief Executive of U.S. cinema chain AMC, Adam Aron tweet. The former wrote, “Robinhood announcing wallets, AMC CEO not only talking about accepting dogecoin but saying it was the single most interacted with tweet he has ever made, the crypto market finally seeing some green.” And within no time, Musk replied, “Super important for Doge fees to drop to make things like buying movie tix viable.”

CEO Adam Aron had runned a poll earlier, asking the crypto community if AMC should explore accepting dogecoin which was liked by the Tesla founder. And commenting on Musk’s reaction to the tweet, Aron wrote, “I never thought I would see this day. @ElonMusk liked my Dogecoin Twitter Poll tweet. If you happen to see this tweet too Mr. Musk, congratulations on Tesla and SpaceX. I have strived to be an innovator my entire career, but you sir are the epitome of innovation above all others,” he said in another tweet.”

Meanwhile, the poll ended with 68% of the voters supporting the idea of AMC accepting the meme-based cryptocurrency as a payment while 23% responded with a ‘NO’ (and 9% favouring ‘Yes’ but also added ‘they won’t use it’). And the enormous response surely left the AMC CEO overwhelmed, who shared his enthusiasm with another tweet.

Known for sharing his thoughts on dogecoin in the past as well, Musk’s tweet have been responsible for driving a spike in the cryptocurrency’s price. And with the cryptocurrency market already bouncing back, the market is expected to grow more volatile due to the Musk Effect.

SEE ALSO: Elon Musk Slams President Joe Biden For Ignoring SpaceX’s All-Civilian Inspiration4 Mission; Says ‘He’s Still Sleeping’

Cover Image: Shutterstock





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