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Elon Musk is still supporting Dogecoin! $DOGE The current trend isn't very promising; after experiencing a sharp drop, the price has been consolidating at the bottom, seemingly absorbing buy orders, but just now Elon Musk mentioned on a program that "Dogecoin is more suitable as a payment currency," and also said that $DOGE 's on-chain transfer costs are lower, making payments more convenient. He also stated that Doge is more actively used in transactions, so it is closer to a circulating currency rather than just a long-term holding asset.
Now we just wait for Elon Musk to once again call out Dogecoin, and it will truly take off!