{"id":5012,"date":"2023-05-24T11:51:31","date_gmt":"2023-05-24T15:51:31","guid":{"rendered":"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/"},"modified":"2023-05-24T11:51:31","modified_gmt":"2023-05-24T15:51:31","slug":"elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto","status":"publish","type":"post","link":"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/","title":{"rendered":"Elon Musk Issues Warning for Dogecoin Investors, Explains Why DOGE Is His Favorite Crypto"},"content":{"rendered":"<p> <br \/>\n<br \/><\/p>\n<div>\n<p>In a recent interview with WSJ, Tesla\u2019s CEO said he cannot advise people to allocate money in the cryptocurrency market.<\/p>\n<p>He also touched upon Dogecoin, explaining why it is his favorite digital asset.<\/p>\n<ul>\n<li>Elon Musk has had a rocky and controversial relationship with the cryptocurrency industry for the past several years. It ranges from buying bitcoin for himself and Tesla to selling some portions because of the negative impact of coal-fueled BTC mining.<\/li>\n<li>However, he has also been supportive of Dogecoin and has used almost every opportunity to boost the asset\u2019s price and popularity, whether intentional or not.<\/li>\n<li>His words always have an effect on DOGE, as well as other memecoins, which used the hype created by him to launch new projects.<\/li>\n<li>When asked whether he still likes cryptocurrencies, Musk said he is not \u201cadvising anyone to buy crypto or bet the farm on Dogecoin.\u201d<\/li>\n<li>Yet, the billionaire added that DOGE is his favorite digital asset because \u201cit has the best humor and it has dogs.\u201d He also asserted that the most ironic outcome for global currencies would be if a memecoin created as a joke becomes that global currency.<\/li>\n<li>It\u2019s worth noting that DOGE didn\u2019t react well to Musk\u2019s latest comments. It had jumped to $0.074 yesterday but dropped back down to $0.07 hours later.<\/li>\n<\/ul>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (terms).<\/p>\n<p><b>PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cryptopotato.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent interview with WSJ, Tesla\u2019s CEO said he cannot advise people to allocate money in the cryptocurrency market. He also touched upon Dogecoin, explaining why it is his favorite digital asset. Elon Musk has had a rocky and controversial relationship with the cryptocurrency industry for the past several years. It ranges from buying [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-5012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elon Musk Issues Warning for Dogecoin Investors, Explains Why DOGE Is His Favorite Crypto - Sikaoer - The Best Crypto News Site.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk Issues Warning for Dogecoin Investors, Explains Why DOGE Is His Favorite Crypto\" \/>\n<meta property=\"og:description\" content=\"In a recent interview with WSJ, Tesla\u2019s CEO said he cannot advise people to allocate money in the cryptocurrency market. He also touched upon Dogecoin, explaining why it is his favorite digital asset. Elon Musk has had a rocky and controversial relationship with the cryptocurrency industry for the past several years. It ranges from buying [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/\" \/>\n<meta property=\"og:site_name\" content=\"Sikaoer - The Best Crypto News Site.\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-24T15:51:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2021\/02\/ElonMusk1-min.jpg\" \/>\n<meta name=\"author\" content=\"SikaoerAdmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SikaoerAdmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/\"},\"author\":{\"name\":\"SikaoerAdmin\",\"@id\":\"https:\/\/sikaoer.com\/#\/schema\/person\/43f022757a102cf0dbe32031e6c7cf67\"},\"headline\":\"Elon Musk Issues Warning for Dogecoin Investors, Explains Why DOGE Is His Favorite Crypto\",\"datePublished\":\"2023-05-24T15:51:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/\"},\"wordCount\":279,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/sikaoer.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2023\/05\/Elon-Musk-Issues-Warning-for-Dogecoin-Investors-Explains-Why-DOGE.jpg\",\"articleSection\":[\"Dogecoin\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/\",\"url\":\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/\",\"name\":\"Elon Musk Issues Warning for Dogecoin Investors, Explains Why DOGE Is His Favorite Crypto - Sikaoer - The Best Crypto News Site.\",\"isPartOf\":{\"@id\":\"https:\/\/sikaoer.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2023\/05\/Elon-Musk-Issues-Warning-for-Dogecoin-Investors-Explains-Why-DOGE.jpg\",\"datePublished\":\"2023-05-24T15:51:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/#primaryimage\",\"url\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2023\/05\/Elon-Musk-Issues-Warning-for-Dogecoin-Investors-Explains-Why-DOGE.jpg\",\"contentUrl\":\"https:\/\/sikaoer.com\/wp-content\/uploads\/2023\/05\/Elon-Musk-Issues-Warning-for-Dogecoin-Investors-Explains-Why-DOGE.jpg\",\"width\":1201,\"height\":720,\"caption\":\"Elon Musk Issues Warning for Dogecoin Investors, Explains Why DOGE Is His Favorite Crypto\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sikaoer.com\/elon-musk-issues-warning-for-dogecoin-investors-explains-why-doge-is-his-favorite-crypto\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sikaoer.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Elon Musk Issues Warning for Dogecoin Investors, Explains Why DOGE Is His Favorite Crypto\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sikaoer.com\/#website\",\"url\":\"https:\/\/sikaoer.com\/\",\"name\":\"Sikaoer\",\"description\":\"Latest Bitcoin &amp; 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