Elon Musk says “super important that doge fees go down”

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Elon Musk’s interest in Dogecoin is no secret. In fact, he even said he wanted to put cryptocurrency on the moon. Now, Musk had showcased another version of Dogecoin, sending ripples on Twitter. The founder of SpaceX and Tesla said on the microblogging site that Dogecoin’s management fees should be reduced to make purchases such as movie tickets “viable” for the average consumer. Musk was responding to a tweet on AMC accepting Dogecoin. The tech billionaire wrote in response: “It is very important that Doge’s fees go down to make things like buying pay movies viable.”

The first one Tweeter by Dogecoin co-creator Billy Markus in this regard, referred to the news of AMC CEO taking steps to accept the cryptocurrency and talking about its popularity. “Robinhood Announcing Wallets, AMC CEO Not Just Talking About Accepting Dogecoin But Said It Was The Most Interacted Tweet With A Tweet He Has Ever Made With The Crypto Market Finally Seeing Green . I have to say… ”followed by a meme that said“ today was a good day, ”Markus, whose name is Shibetoshi Nakamoto, wrote on Twitter.

American movie chain AMC announced earlier this month that it will accept Ether, Bitcoin, Bitcoin Cash and Litecoin for ticket purchases by the end of this year. Dogecoin was not on the initial list.

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However, after the announcement, AMC CEO Adam Aron asked users on Twitter whether the company should include Dogecoin on the list. The poll results were in favor of Dogecoin as a payment method and the tweet even saw a “like” of Musk.

Recognizing this, Aron wrote, “I never thought I would see this day. Elon Musk liked my Dogecoin poll tweet on Twitter. If you also see this tweet, Mr. Musk, congratulations on Tesla and SpaceX. I have strived to be an innovator throughout my career, but you, Sir, are the embodiment of innovation above all else. He also attached a photo of the poll results to the tweet.

Aron further announced that the company will make efforts to accept Dogecoin. He also said the poll was his “highest tweet ever read” to date, registering 4.2 million views in 24 hours.

As of September 24 (11:24 am IST), the price of Dogecoin in India was Rs. 17.41. Previously, Dogecoin prices saw their value rise every time Musk tweeted in favor of the cryptocurrency.

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Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting Founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

Cryptocurrency is unregulated digital currency, not legal tender and subject to market risk. The information provided in the article is not intended to be and does not constitute financial advice, business advice or any other advice or recommendation of any kind offered or endorsed by The Bharat Express News. The Bharat Express News will not be responsible for any loss resulting from any investment based on a perceived recommendation, forecast or any other information contained in the article.

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