Tesla CEO Elon Musk Explains Why He Has ‘Sort of Got a Soft Spot for Dogecoin 🚀

As The Block reported earlier today, Tesla CEO Elon Musk was interviewed on Sunday for an episode of the X Takeover podcast, hosted by the Tesla Owners Silicon Valley

During the hour-long conversation, Musk clarified his position on promoting cryptocurrencies. He emphasized that any apparent promotion should be taken lightly and with humor, stating, “I’m not going to be promoting crypto — at most, in a joking way. If you see me pumping crypto, it’s not me.” He acknowledged the potential value in Bitcoin and other digital currencies but admitted having a particular fondness for Dogecoin. “I’ve sort of got a soft spot for Dogecoin because I like dogs and memes,” he explained.

On May 30, Musk denied having any discussions about cryptocurrency with Donald Trump, the Republican presidential candidate

The Block’s report also mentioned that during the podcast, Musk highlighted the need for quicker generation of community notes on X to counteract posts and videos taken out of context. He cautioned listeners to verify any crypto-related statements attributed to him on social media, warning, “double-check if that is real.”

On Saturday, former U.S. President Donald Trump gave a highly-anticipated speech at the Bitcoin 2024 conference in Nashville, United States.

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