Nakamoto Says Dogecoin Is Superior To Shiba Inu And Bitcoin, Elon Musk Agrees – Tesla Motors (TSLA)


Dogecoin (CRYPTO: DOGE) co-creator Billy Markus, who goes by the username Shibetoshi Nakamoto on Twitter, says Dogecoin’s low fees make it ideal for all sorts of transactions. Making it superior to competing meme coins.

He compared the top three meme coins in a tweet, and their corresponding fees for transactions. 

In response Markus’ Tweet, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk supported the post and liked it. 

Musk has been a great supporter of Dogecoin and even owns a dog of the breed Shiba Inu (CRYPTO: SHIB), named Floki

Last week, Dogecoin Core 1.14.5 was released, featuring important security updates and changes to network policies, including reducing the recommended fees.

Elon Musk took to Twitter to express his opinion shortly after the release.

Also, last week there were rumors in the market that Tesla may begin accepting Shiba Inu as a payment option. Musk has neither confirmed nor denied the speculation.

Earlier this year, Musk tweeted about Dogecoin and said it was “super important for Doge fees to drop” to make it viable to buy things like movie tickets.

Related Link: Dogecoin Creator Condemns Promoting Floki Inu: Advertising ‘It’ll Make You Rich’ Is ‘Slimy AF’





Read Full Article

Latest articles

‘Omicron,’ ‘dogecoin’ top list of 2021’s most mispronounced words

"Cheugy" is apparently a lot to chew on. Grammy Award-winning singer-songwriter Billie Eilish and Philadelphia Eagles center Jason Kelce have something in common...

TA: Bitcoin Consolidates Gains, Why Dips Could Be Limited Below $50K

Bitcoin extended its recovery above $51,000 against the US Dollar. BTC must remain stable above $49,500 to continue higher in the near term. Bitcoin...

Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly

Bitcoin (BTC) is attempting to reverse its weekend sell-off, although the cryptocurrency’s price could face short-term resistance around $53,000-$55,000. BTC was trading around...

Related articles

Leave a reply

Please enter your comment!
Please enter your name here