Cryptocurrency Elon Musk: Investing in cryptocurrencies is like taking a terrible risk. Not only because this market is very volatile, but also because no one knows when which currency will sink. The latest example of Terra (Luna) is in front of everyone. In less than a week, 100 percent of the people’s capital was absorbed. In such a situation, people started to think that perhaps investing in crypto is a stupid deal.
Billy Marcus, the co-founder of the cryptocurrency Dogecoin, has also stamped on this fear of people around the world. In a tweet, he said that 95 percent of cryptocurrency projects are scams. His tweet has also attracted the attention of the world’s richest person, Elon Musk. Elon Musk has often been seen praising Dogecoin.
Biki Marques’s Tweet
According to a report, in his tweet, Billy Marcus wrote that people call 95 percent of crypto scams and garbage and people associated with crypto are stupid because 95 percent of crypto are scams and garbage and the people associated with them are also stupid. He did not stop here, after that he wrote that come change it. This change will start with who you support and how you behave.
Elon Musk’s answer
After Billy Marcus’s tweet, Elon Musk replied to him with a laughing smiley. Elon Musk hasn’t responded to Billy’s tweet for the first time. They keep doing this often. Tesla CEO Elon Musk expressed his love for Dozecoin in 2021. Billy wrote in a tweet on May 13 of the same month, “I love Dozecoin only because it knows it’s stupid.” To this Musk replied, “It has the potential to become a currency.”
This year (2022) has not been good for the regulated stock markets around the world so far, while the un-regulated cryptocurrency market has also fallen badly. Bitcoin itself has fallen more than 30 percent this year. Even Dogecoin has not escaped the heat of the fall. Dozecoin has also seen a drop of about 35 percent since the beginning of this month, while the cryptocurrency has fallen by 70 percent in a year.
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