Coinscreed
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos
Advertise
No Result
View All Result
  • bitcoinBitcoin(BTC)
    $29,284.00-2.46% 24H
    BITCOIN
    24H : -2.46%
    Volume : $26,522,410,487.00
    Marketcap : $554,226,699,079.00
  • ethereumEthereum(ETH)
    $1,964.14-1.62% 24H
    ETHEREUM
    24H : -1.62%
    Volume : $14,701,424,108.00
    Marketcap : $235,433,943,016.00
  • binancecoinBNB(BNB)
    $301.26-0.94% 24H
    BNB
    24H : -0.94%
    Volume : $1,593,723,405.00
    Marketcap : $50,313,733,278.00
  • rippleXRP(XRP)
    $0.412-1.56% 24H
    XRP
    24H : -1.56%
    Volume : $2,246,853,938.00
    Marketcap : $19,783,970,542.00
  • cardanoCardano(ADA)
    $0.510-3.33% 24H
    CARDANO
    24H : -3.33%
    Volume : $626,129,062.00
    Marketcap : $17,162,297,897.00
  • terra-lunaTerra(LUNA)
    $0.00013-8.56% 24H
    TERRA
    24H : -8.56%
    Volume : $207,558,094.00
    Marketcap : $855,714,839.00
Coinscreed
No Result
View All Result
homerun token
Home News

New coin alert: Elon Musk sets eyes on creating coin

Bishop eL by Bishop eL
1 year ago
in News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter
For months now, Tesla Inc. Leader Elon Musk’s tweets have been jumping and treading about cryptocurrency markets.

After Musk has intensified its critique of the currency as environmental unsustainable, Bitcoin has recently had a big dent throughout its case.

He said on a Thursday tweet that he is concerned about the “mass use” of coal and other carbon-intensive resources for power generation to mine digital currency.

SuggestedArticles

Vitalik Says Ethereum (ETH) Merge May Happen In August

Vitalik Says Ethereum (ETH) Merge May Happen In August

1 hour ago
Europeans see crypto as way to save, invest - Survey

Europeans see crypto as way to save, invest – Survey

4 hours ago

Bitcoin has decreased this week by about 13 percent and last at $50,503, up 1.6 percent. It fell by more than one fifth of its peak hit last month at just under $65,000.

On the other side, however, he signaled Dogecoin’s help.

He said that he works on “improving device transaction efficiency” in another tweet with Dogecoin developers.

The currency then jumps from 43 cents to more than 50 cents.

A Twitter user recently asked Musk about this changed direction.

The consumer asked in an exchange why the CEO of Tesla failed to create his own cryptocurrency that meets all of his requirements.

“Why not just create a cryptograph from scratch that theoretically does what you want and that has a lot of device support and doesn’t at least initially have a high concentration of ownership?” Musk was asked. Musk was asked.

He answered this: “Only if Doge can’t. Great neck pain to make another.”
This means that Musk pins all his hopes in the currency that was formed as a joke between two engineers at the moment.

The data center provider TRG notes that Dogecoin absorbs a transaction of 0.12-kilowatt electricity hours compared to 707 for Bitcoin.

According to CoinMarketCap, the token whose emblem is a Shiba Inu dog has been the fourth largest cryptocurrency in this year with a total valuation of $68 billion.

Few large corporations agree to pay Dogecoin, and its provision is indefinite.

Tags: dogecoin

BTC365

Coinscreed

Copyright © 2022 Coinscreed

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Crypto Price Charts

Follow Us

No Result
View All Result
  • News
    • Bitcoin News
    • Ethereum News
    • Ripple News
    • Litecoin News
    • Altcoin News
    • DeFi
    • Blockchain News
  • Market Analysis
  • NFT
  • Metaverse
  • Cryptocurrencies
  • Learn
    • Bitcoin 101
    • Ethereum 101
    • Binance Smart Chain
    • DeFi 101
    • Ripple 101
    • ICO 101
    • Trading 101
    • Dogecoin 101
    • Lightening Network
    • NFT 101
  • Crypto How Tos

Copyright © 2022 Coinscreed

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.