• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, May 19, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto

Elon Musk tweets about the necessity of lowering Dogecoin fees.

by Sandra Theres Dony
September 23, 2021
in Crypto, Trending
Reading Time: 3 mins read
0
Elon Musk

Elon Musk

TwitterWhatsappLinkedin
Elon Musk
Elon Musk

Tesla CEO, Elon Musk tweeted about the necessity of lowering Dogecoin handling fees so that it can be widely used in retail purchases. The tweet was in reply to Dogecoin creator Shibetoshi Nakamoto. Given the fact that Musk is an unsung hero of Dogecoin, this tweet has also managed to ruffle some feathers. Here is the tweet.

You might also like

Indian Defence Forces Granted Emergency Procurement Powers Amid Operation Sindoor

DRDO Confirms AMCA Stealth Fighter Jet to Be Ready by 2035

FTX Launches $5.4 Billion Plan to Pay Creditor Fees

Super important for Doge fees to drop to make things like buying movie tix viable

— Elon Musk (@elonmusk) September 22, 2021

The What and Why

In the current scenario, where cryptocurrency is gaining widespread popularity despite the persisting skepticism of its viability, it cannot be denied that crypto does hold some promise for the future. With major companies adopting crypto for payments, the credibility factor is also boosted to a certain extent.

Nakomoto’s tweet underscores this point furthermore as he talks about various companies embracing Dogecoin. Perhaps it is actually true that what started as a joke has come to be the most serious joke ever. Nakomoto’s tweet also emphasized the popularity of Dogecoin by stating the example of the Twitter poll conducted by AMC CEO, Adam Aron. The poll was set up in an attempt to discern whether the crypto community wants the company to begin accepting Dogecoin as well in addition to Bitcoin, Bitcoin Cash, Litecoin, and Ether.

Adam Aron
Adam Aron

“I sincerely want to hear your opinion, via this Twitter Poll. By year end-2021, AMC will take Bitcoin, Litecoin, and Bitcoin Cash for online payments. I hear from many on my Twitter feed we should accept Dogecoin too. Do you think AMC should explore accepting Dogecoin?” said the tweet.

The Tweet was met with an overwhelming response from the crypto community to the extent that it became the most interacted the AMC CEO has ever made. This explains to a great extent the levels of influence Dogecoin exercises among the crypto community and its potential to become the face of the future. Another highlight was the fact that Elon Musk himself liked the tweet adding more weight to the situation. After all, it is an unwritten yet widely accepted fact that Elon Musk is a very important advocate of DOGE.

The poll results showed a total of 68 percent in support of the cause, while 23 percent were supportive but reluctant to use it as a payment method. Only 23 percent was against the company accepting Dogecoin for payment. As a result of all this, Dogecoin rose by 8 percent which is rather commendable. Someone shakes the crypto boat and the largest impact is always borne by Dogecoin.

Musk and DOGE

There is no need for a further mention of the Musk-DOGE combo. The Tesla CEO has been a major force behind the roller-coaster ride of Dogecoin. Let us not forget the positive impact Musk had on Dogecoin when he made an announcement stating that he is working towards “improving system transaction efficiency.” However, it seems like even in crypto the law of gravity applies. Because as Dogecoin takes up the high hill with every tweet from Musk, Bitcoin takes a slump. Bitcoin’s fortunes were reversed for the worse when the Tesla CEO announced through a tweet that the company has decided to not accept BTC payments.

Talking about tweets and how it changes the beat, Musk’s reply to Nakomoto’s tweet has also caused some considerable impact. In his response, Musk stated the need to lower Dogecoin handling prices so that it could be widely used for retail purchases. If that actually happens, then we can buy even movie tickets with the meme coin. As usual, Musk’s tweet was met with overwhelming responses from the crypto community. Let us take a look.

https://twitter.com/BillyM2k/status/1440782181522042880?s=20

You just put 4 civilians in space and you are still Tweeting doggycoin bollocks.

— Peter McCormack🏴‍☠️ (@PeterMcCormack) September 22, 2021

What about a crypto like Nano that doesn't even have the concept of fees? What possibilities do you see for that, Elon?

— Mira Hurley (@mira_hurley) September 22, 2021

Yes exactly! Same goes with Tesla cars too right Elon? pic.twitter.com/XiUBXmBjqM

— Ðoge~Panda (@topherAlba26) September 22, 2021

I would be really curious to know why Elon is so interested (or at least that's what he's showing us) in "Doge". I would really like to know the real motives and reasons.

— Adham (@Adham72225742) September 22, 2021

Yes extremely important! Update 1.15 coming right up! 🐕🚀

— SlumDOGE Millionaire (@ProTheDoge) September 22, 2021

https://twitter.com/staciislip/status/1440808578479112192?s=20

Can you answer my Question Elon?? Why you no posting Dogecoin tweets?

— Saraah (@SaraShe04760246) September 22, 2021

You are wasting your time

— Mike.₳da (@dejavufx23) September 22, 2021

Literally the reason for the Bitcoin civil war. Try Bitcoin Cash sometime Elon

— Cody (@AgoraExplora) September 22, 2021

https://twitter.com/mostafa81838743/status/1440783449506279429?s=20

Tags: #Crypto#DogecoinAdam AronAMCbitcoinShibetoshi Nakamototrendingtwitter
Tweet54SendShare15
Previous Post

Ariva: Everything you need to know

Next Post

OYO likely to file IPO draft papers next week to raise $1.2 billion

Sandra Theres Dony

Content writer at Techstory, dealing with topics, Artificial Intelligence, Virtual Reality and Augmented Reality.

Recommended For You

Indian Defence Forces Granted Emergency Procurement Powers Amid Operation Sindoor

by Rounak Majumdar
May 18, 2025
0
Indian Defence Forces Granted Emergency Procurement Powers Amid Operation Sindoor

In May 2025, India's national security environment changed drastically after the disastrous Pahalgam terror strike in Jammu and Kashmir, which left 26 people dead. The Indian government responded...

Read more

DRDO Confirms AMCA Stealth Fighter Jet to Be Ready by 2035

by Thomas Babychan
May 18, 2025
0
DRDO Confirms AMCA Stealth Fighter Jet to Be Ready by 2035

India is preparing to enter a new era in military aviation with the development of its first fifth-generation stealth fighter jet, the Advanced Medium Combat Aircraft (AMCA). The...

Read more

FTX Launches $5.4 Billion Plan to Pay Creditor Fees

by Anindya Paul
May 18, 2025
0
FTX

FTX, the now-defunct cryptocurrency exchange that went bust in November 2022, will be making a second round of distributions amounting to $5.4 billion to its creditors on May...

Read more
Next Post
OYO 36855 Hotel Indraprasth

OYO likely to file IPO draft papers next week to raise $1.2 billion

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?