is musk's crypto purchase an effort to reap the pros of bitcoin?
I'm sure as we all know by now mr.musk has made a rather large purchase of bitcoin recently. This follows a recent spike in dogecoin over the past week, and according to the buzz...(E.musk is behind dogecoin), i cannot help but to think that he has no reason to endorse bitcoin, unless it is a win win situation for him. Think about it like this... musk gets in late on bitcoin, drives the price up and starts smoke signal, then raises awareness of the even cheaper and better Dogecoin to lift it from its infancy, projecting it to new hight's. Call me crazy ,but somethings up here for sure.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.