Musk Comments On Dogecoin's Potential Amid Inflation Concerns

According to Odaily, Elon Musk responded to Y Combinator President Garry Tan's prediction that Dogecoin (DOGE) prices could rise if Musk's DOGE plan succeeds. Musk noted that if the issue of U.S. dollar inflation is resolved, the dollar price of purchasing cryptocurrencies might actually decrease, assuming other conditions remain the same. He emphasized the importance of the exchange rate between the dollar and cryptocurrencies.