Elon Musk · Bitcoin · The Block
Dogecoin has ‘crazy things on the horizon’ as ecosystem scales up beyond Elon Musk, confirms DogeOS founder
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DogeOS founder and CEO Jordan Jefferson believes Dogecoin's dependence on Elon Musk for attention and momentum is fading as the memecoin's ecosystem matures.
Key facts
- Last year, amid the digital asset treasury (DAT) boom, Thumzup Media Corporation bought about $2 million worth of DOGE
- With a market capitalization of around $17.6 billion, Dogecoin is among the world's top 10 cryptocurrencies
- DOGE is currently changing hands at around $0.11, 's DOGE price page
- Jefferson recalled how Dogecoin hit an all-time high after the billionaire mentioned Dogecoin on Saturday Night Live in 2021
Summary
"There is absolutely no question that Dogecoin would not be as big as it is without Elon kind of going in and supporting it," Jefferson said during an interview with The Block's Gareth Jenkinson at the Consensus Miami conference. DogeOS is a major advocate for the Dogecoin (DOGE) ecosystem and the developer of an application layer built using the memecoin's network. Jefferson recalled how Dogecoin hit an all-time high after the billionaire mentioned Dogecoin on Saturday Night Live in 2021. "It's interesting and good for Dogecoin that it's like sort of started to transcend that," he said.