Dogecoin is Elon Musk’s favorite cryptocurrency

Tesla CEO Elon Musk revealed his favorite cryptocurrency is dogecoin. This news had immediate effects on the digital currency trading. Billy Bambrough (Forbes) explains that the dogecoin grew 27 percent in 24 hours, with a total value of $ 381 million. These data confirm that statements by influential figures such as Elon Musk and Jack Dorsey (Twitter CEO) are able to shift the balance in this area.