Wednesday, July 30, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Dogecoin remains to be Elon Musk’s ‘favourite’ crypto, however he’s cautious to not endorse it

by SB Crypto Guru News
May 24, 2023
in Crypto Exchanges
Reading Time: 2 mins read
0 0
A A
0


Elon Musk remains to be a fan of Dogecoin, even when he’s selecting to be way more cautious in how he expresses it.

Talking at The Wall Road Journal’s CEO Summit in London, the Tesla and SpaceX CEO reaffirmed his affinity for Dogecoin whereas being cautious to not put it up for sale explicitly. 

When requested if he was nonetheless “a fan” of crypto, Musk hedged his phrases. “I’m not advising anybody to purchase crypto or guess the farm on Dogecoin, for instance. Don’t guess the farm on Dogecoin!” he scolded earlier than persevering with with a smile: “Perhaps you must. However let me advise you that might be, maybe, unwise.”

Whereas the back-and-forth in tone recommended that the billionaire entrepreneur has been made conscious of the potential ramifications of such public feedback, Musk appeared unable to utterly reign in his affection for the unique memecoin, calling Dogecoin his “favourite” crypto “as a result of it has the very best humor, and has canine.”

When pressed on the truth that Dogecoin remains to be far beneath its 2021 highs, Musk deflected the query with a musing:

“You realize, a buddy of mine has saying: that probably the most ironic clarification is the more than likely. And probably the most ironic end result for forex can be that the factor that was made as a joke to make enjoyable of cryptocurrencies…turns into the worldwide forex.”

Musk’s extra conservative stance sharply contrasts together with his extra inflammatory feedback towards regulators. Maybe most notable is an notorious 2018 60 Minutes interview by which he proclaimed, “I don’t respect the SEC,” in response to costs that he had used Twitter to control the worth of Tesla inventory.

Much less well-known, nevertheless, are the phrases he adopted that remark with: “I respect the Justice system.” Musk settled the costs with the SEC that very same yr.

Musk’s acknowledgment of Dogecoin as his “favourite” crypto nonetheless had the impact of drawing consideration to itself, although it didn’t have an effect on the coin’s worth on this occasion — actually, DOGE is down virtually 3% since Musk’s feedback yesterday. 

The publish Dogecoin remains to be Elon Musk’s ‘favourite’ crypto, however he’s cautious to not endorse it appeared first on CryptoSlate.



Source link

Tags: Bitcoin NewsCarefulCryptoCrypto NewsCrypto UpdatesDogecoinElonEndorseFavoriteHesLatest News on CryptoMusksSB Crypto Guru News
Previous Post

‘Reply-to-Earn’ is a New X-to-Earn Promoting Service from PlayMining | by The Capital Platform | The Capital Platform | Might, 2023

Next Post

BIT Mining And Chain Response Accomplice To Create New Bitcoin Mining Techniques

Related Posts

What You Should Know Before Investing in Tokenized Assets

What You Should Know Before Investing in Tokenized Assets

by SB Crypto Guru News
July 29, 2025
0

By Lale Akoner Jul 29, 2025 When it comes to investing in tokenized assets, there are five key layers working...

CoinDCX CEO denies Coinbase acquisition talks

CoinDCX CEO denies Coinbase acquisition talks

by SB Crypto Guru News
July 29, 2025
0

Sumit Gupta, CEO of Indian crypto exchange CoinDCX, has publicly denied reports suggesting the company is in acquisition talks with...

UK Stocks in Focus: Top 5 Picks To Watch

UK Stocks in Focus: Top 5 Picks To Watch

by SB Crypto Guru News
July 28, 2025
0

The UK economy of 2025 stands at a critical crossroads. While recent trade arrangements with the US under a new...

Ethereum steals the show in record .2B July inflows

Ethereum steals the show in record $11.2B July inflows

by SB Crypto Guru News
July 28, 2025
0

Institutional investors are pouring money into crypto investment products at record levels, with Ethereum leading the charge.According to the latest...

Increased market volatility as the U.S.–Europe tariff deadline looms

Increased market volatility as the U.S.–Europe tariff deadline looms

by SB Crypto Guru News
July 27, 2025
0

As the August 1 deadline for a U.S.–Europe tariff deal approaches, talks between the Trump Administration and the European Union...

Load More
Next Post
BIT Mining And Chain Response Accomplice To Create New Bitcoin Mining Techniques

BIT Mining And Chain Response Accomplice To Create New Bitcoin Mining Techniques

ECC restructuring to raised serve Zcash

ECC restructuring to raised serve Zcash

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.