Dogecoin Support Added by New Crypto Exchange

Dogecoin Support Added by New Crypto Exchange

Crypto exchange based in St. Vincent and the Grenadines and Dubai, tweeted that it is listed on Dogecoin. In their tweet, the exchange team also spoke to Elon Musk – a prominent fan of Dogecoin who has integrated this meme token as a payment option in Tesla and SpaceX.

Dogecoin Support Added by New Crypto Exchange

The listing comes after its rival Shiba Inu was added to the same platform last week.

Elon Musk recently confirmed in an interview that he still supports the funny cryptocurrency created as a parody of Bitcoin in 2012. He believes that DOGE has uses: “memes and dogs”.

Dogecoin Ponzi Scheme by Elon Musk

The world’s richest man also pointed out in the interview that the transaction efficiency of DOGE is higher than that of Bitcoin, the main digital currency. In June, Musk tweeted that he continued to buy Dogecoins despite a lawsuit against him for promoting DOGE as a Ponzi scheme.

In January, under Musk’s leadership, Tesla began accepting dogecoins as payment. SpaceX did the same in May, followed by The Boring Company, another venture led by billionaire Musk.

Musk himself holds DOGE, Bitcoin and Ethereum. Tesla recently sold almost two-thirds of its BTC after buying $1.5 billion in early 2021. It is not known if Musk still has his bitcoin, but yesterday, former CEO of MicroStategy Michael Saylor, who is known as a famous BTC evangelist, urged Musk to buy more bitcoins.

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