2021-05-17 08:22

Elon Musk Crashed The Bitcoin Price And Proposed A Radical Dogecoin Upgrade To Beat Bitcoin ‘Hands Down’ And Become The ‘Currency Of Earth’
Bitcoin and cryptocurrency prices across the board have struggled this week since a sell-off sparked by Tesla TSLA +3.2% billionaire Elon Musk and ethereum co-founder Vitalik Buterin helped wipe $300 billion from the market.
The bitcoin price has lost more than 20% over the last seven days, dragging down the wider crypto market. Dogecoin, the "joke" meme-based cryptocurrency that's recently rocketed into the crypto top five by value, has also lost ground (even with a surprise Coinbase bombshell).
Now, Musk, the self-appointed technoking of Tesla who was once voted dogecoin's CEO, has indicated Tesla might have sold more of its bitcoin holdings and proposed a radical dogecoin upgrade that he claims is "needed [for dogecoin] to become the currency of Earth"—and will mean it beats bitcoin "hands down."