Elon Musk Personally Thanks Dogecoin Founder for Recent Contribution
Elon Musk Thanks Dogecoin Builder Billy Markus
The new owner of the popular social media site formerly known as Twitter and now rebranded as X, tech mogul Elon Musk, made a comment on a recent X post by Dogecoin co-creator Billy Markus.
Musk expressed his gratitude towards Markus for the publication, indicating that it had an encouraging effect on the X boss and Musk, who has recently become the wealthiest person in the world.
Billy Markus Supports X App
Billy Markus, co-creator of the meme coin DOGE, shared a tweet urging the community to support the X app. He emphasized the importance of supporting a social media platform that upholds free speech and protects users’ rights. Musk, the owner of X, thanked Markus for his post and even addressed him by his first name, showcasing a friendly relationship.
Markus, in response, expressed his appreciation for the X app. He also celebrated the tools implemented by Musk on X, such as the Monetization feature, which allows content creators to earn a share of advertising profits, and the Subscription feature, enabling them to receive automatic payments from subscribers.
Dogecoin Briefly Becomes Twitter’s Logo
In April, Musk demonstrated his support for Dogecoin by briefly replacing Twitter’s iconic blue bird logo with the DOGE mascot. This move led to a significant increase in Dogecoin’s price, with a peak value of $0.096. However, the logo change did not last, and Dogecoin’s price subsequently fluctuated.
Since then, Dogecoin has struggled to surpass the $0.082 level, facing resistance multiple times throughout the year. At the time of writing, the price of Dogecoin stands at $0.07819, with a 4% decrease in the last 24 hours according to CoinMarketCap.
Elon Musk’s Support for Dogecoin
It is evident that Musk is a strong supporter of Dogecoin, being one of its biggest holders and regularly promoting it through various means. His interactions with Billy Markus and his commitment to integrating Dogecoin-related features on the X platform demonstrate his ongoing dedication to the popular meme coin.
The relationship between Musk and Markus, as well as Musk’s continued support for Dogecoin, highlight the growing influence and significance of cryptocurrency in the tech and social media sectors.
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