- What Musk says affects cryptocurrencies
Elon Musk, the CEO of Tesla and SpaceX, has the power to make cryptocurrency prices go up or down with just one tweet. One example is when he posted about Bitcoin and Dogecoin on Twitter, causing their values ââto rise rapidly. Imagine if just one message made your money grow in minutes!
- Dogecoin: from joke to success
Dogecoin, which started out as a joke, shot up in value by 500% when Musk mentioned it. This made a lot of people make money overnight. It's like something worthless suddenly turned into gold thanks to him!
- Tesla y Bitcoin
He doesn't just talk, he does too. Musk decided to have Tesla invest $1.5 billion in Bitcoin and make its cars available for purchase with this cryptocurrency. This not only increased the value of Bitcoin, but also made more companies start to consider accepting cryptocurrencies.
