Elon Musk's SpaceX says it will launch a satellite to the Moon next year funded with dogecoin. LONDON: Dogecoin, a cryptocurrency originally created as a joke, has grabbed the headlines thanks to repeated interest from tech billionaire Elon Musk - and despite doubts in the financial community.
Users of Reddit forums then began using dogecoin, thanks to its previously extremely low prices, to welcome posters' comments. "The word 'hustle,' which he used as a joke, made speculators dump the coin who were previously thinking of more optimistic language from him," said ThinkMarkets analyst Naeem Aslam.
OANDA analyst Jeffrey Halley pulled no punches in his assessment of Musk's latest favourite crypto unit.
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