Elon Musk Tesla’s CEO (CEO) mobilized Jesus to promote Dogecoin and emphasized that it supports cryptocurrency (virtual currency) over legal currency, but major cryptocurrencies collapsed at once, and his influence on the cryptocurrency market is rapidly decreasing. Points are coming out.
Musk is the one who set fire to a cryptocurrency rally by revealing that Tesla had bought $1.5 billion worth of Bitcoin in early February.
However, as the cryptocurrency plummeted as China’s measures such as the ban on bitcoin trading and mining have been strengthened, Musk is mobilizing even Jesus to support cryptocurrency, but it is not enough.
On the 22nd, Musk once again confirmed his support for cryptocurrency through his Twitter.
A netizen asked Musk’s Twitter question, “There are a lot of people angry with you because of cryptocurrency. What do you think about it?”
Musk didn’t answer directly, but replied, “I still prefer cryptocurrency over fiat currency.” “The real battle is between fiat and cryptocurrency. All things considered, I support cryptocurrency,” he added.
He didn’t stop there, and expressed his support for Dogecoin again.
On the same day, he posted a visual of Jesus holding a dog symbolizing Dogecoin. In the visuals, Jesus is holding a dog, the symbol of Dogecoin, and says, “If you want, you can keep it as a pet.”
Musk used the word’a stranger with a dog’, but considering the halo, it seems to symbolize Jesus.
However, despite his efforts, all cryptocurrencies such as Bitcoin as well as Dogecoin are plummeting.
As of 6 am on the 24th, Bitcoin is recording $33,693, down 11.42% from 24 hours ago on CoinMarketCap, a global cryptocurrency market relay site. Bitcoin fell to $31,273 a few hours ago.
Ethereum, the second-largest cryptocurrency in the market cap, is also recording $2062, a 12.33% drop from 24 hours ago.
Dogecoin is also recording 29.56 cents, down 14.66% from 24 hours ago, and Cardano (Ada) is also recording 1.25 dollars, down 16.05%.
Musk, who has exerted an overwhelming influence on the cryptocurrency market. He has changed words from time to time, including recent withdrawal of support, saying that bitcoin consumes a lot of electricity. Accordingly, investors now seem to treat him as a’shepherd boy’ in the cryptocurrency market.