Since Tesla removed Bitcoin payments for environmental reasons, sustainable and scalable cryptocurrency projects have been trying to get Elon Musk’s attention. However, these efforts do not seem to work.
Tesla CEO gave an interesting answer when asked why he chose Doge over cryptocurrencies such as Ethereum, Cardano, IOTA and Polkadot in his recent Twitter post. Musk claimed he was not interested in these cryptocurrencies because he had no “memes” (humorous web posts) and dogs.
In addition, Musk took action to support the development of the cryptocurrency Dogecoin and recently asked his followers to submit their ideas.
While Dogecoin lags behind some other projects in terms of many features such as the team, update, it has made great progress in terms of price and popularity thanks to the cryptocurrency Musk. It seems that other crypto projects may have to speed up meme games to get Musk’s attention, rather than advertise their environmental attributes.