During a recent Twitter Spaces chat, Tesla CEO Elon Musk confirmed his support for Dogecoin.

Musk stated that the social media platform wished to make it easy to trade the top meme coin. When questioned about the famous Bitcoin spoof, the billionaire said: “Dogecoin to the moon!”

Ryan’s recap thread is accurate. Musk also said new verified rollout in about a week. And separately, he said dogecoin to the moon when asked if Twitter will allow crypto payments & after others cheered for “dogecoin!” https://t.co/qVcAz9uaOu

— Lora Kolodny (@lorakolodny) December 4, 2022

Dogecoin witnessed a big price increase in October as a result of Musk’s $44 billion acquisition of Twitter. The market anticipated that the billionaire would include the $14 billion meme currency onto the platform.

Elon Musk‘s most recent remarks should reassure DOGE investors since they indicate that the temperamental billionaire does not intend to forsake the meme coin just yet.

However, the value of Dogecoin fell when Twitter apparently abandoned its ambition to incorporate a native cryptocurrency wallet in the aftermath of Musk’s takeover. At the time of writing, DOGE is trading at $0.103.

DOGE daily chart. Source: Coincu

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