The surge took Dogecoin on top of the market cap of over $8 billion with a circulating supply of 129 billion. According to CryptoSlate, this is a surge of more than 3,434 per cent over the past year. However, within the past week, Dogecoin managed to grow by as much as 23 per cent.<\/p>\n
This tweet was one of the many Dogecoin-related comments Musk has made in recent times. He once said that it would be the future currency of Earth. This particular cryptocurrency started as a meme in its initial days while carrying the famous Shiba Inu dog image.<\/p>\n
But now, like other competitors, Dogecoin has also gained popularity and even Musk has accumulated a stack for his nine-month-old son.<\/p>\n
But that is not the end of the Musk and cryptocurrency tale. In December 2020, while responding to a Twitter thread, started by Artificial Intelligence researcher Lex Fridman, Musk said that the future Mars economy will run on cryptocurrency.<\/p>\n
The billionaire, who is one of the co-founders of online payments giant PayPal, also suggested that it could be Marscoin or Dogecoin.<\/p>\n
Marscoin And Dogecoin<\/p>\n
According to the website of Marscoin, this cryptocurrency is dedicated to supporting the Mars human colony and other space-related programmes intended to get humans living and thriving off of Earth.<\/p>\n
Marscoin is a testbed for experimentation with technologies that might help early colonists on Mars build governance, voting, inventory tracking, trading and capital allocation, the website explained.<\/p>\n
But it looks like Dogecoin could be a more likely candidate for a future economy beyond Earth as it is more popular than Marscoin and shares many decentralised attributes as Bitcoin.<\/p>\n
Last year, Musk also changed his Twitter bio to \"Former CEO of Dogecoin\". He wrote on the social media platform, \"One word: Doge\".<\/p>\n
On Christmas 2020, he tweeted, \"Merry Christmas & happy holidays!\" attaching an image that included the Dogecoin logo.<\/p>\n
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Read more:<\/p>\n
Dogecoin Surges 10 Per Cent After Elon Musk Tweets That SpaceX Is Going To Put Memecoin On Moon - Swarajya<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The surge took Dogecoin on top of the market cap of over $8 billion with a circulating supply of 129 billion. According to CryptoSlate, this is a surge of more than 3,434 per cent over the past year Continue reading