Its official, Elon Musk has chosen Dogecoin as the peoples’ money

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Everyone is holding onto their breaths waiting for confirmation from Elon Musk about which cryptocurrency he supports as people’s money. He has finally come out with the answer, and it is Dogecoin.

Its official, Elon Musk has chosen Dogecoin as the peoples' money

Elon Musk, one of the world’s richest men, has been a huge supporter of cryptocurrencies for some time now. Recently, he has been very vocal about Dogecoin, calling it the people’s money.

The Final Ultimatum by Musk

Some days back, Musk had tweeted and gave an ultimatum to Dogecoin whales to sell their large Dogecoin holdings. Only then Musk would support Dogecoin to make it internet currency. 

Within a few days of Musk’s ultimatum, Robinhood announced that they are working on allowing their users to withdraw and deposit Bitcoin, Dogecoin, and other supported cryptocurrencies. 

It was a big deal considering that Elon had agreed with one of the Twitter users that Robinhood was the largest holder of Dogecoin with 36 billion Dogecoin in its holdings. 

Dogecoin has Musk’s Full Support

Recently, Musk posted an image on Twitter showing the Dogecoin character wearing a spacesuit and holding a flag with the Dogecoin logo at the center while on the moon. 

This quite literally means that Musk is indicating the popular saying, which Dogecoin fans post widely on social media platforms. 

“Dogecoin to the Moon 🚀🚀🚀”

What Follows Next?

Anytime soon, Elon Musk will come out with a detailed plan about making Dogecoin internet’s money. He truly believes that Dogecoin is the people’s money. If you are holding onto your Dogecoin holdings, be ready to be on your ride to the moon. Musk is working on the rocket that will help Dogecoin’s value skyrocket. 

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