- Elon Musk has said that he would keep supporting cryptocurrencies.
- The ELON crypto returned over 452% gains in the last 12 months.
- The ELON’s highest price in the last 30 days was US$0.0000005173.
The social media hype of meme-coins has attracted many people to these crypto assets. For instance, Dogelon Mars (ELON) has been gaining traction lately, riding on the popularity of Dogecoin (DOGE), a meme coin whose one of its biggest supporters is Elon Musk.
The ELON crypto soared 7% on Tuesday morning after Tesla CEO Elon Musk’s remarks on Sunday that he would keep supporting cryptocurrencies. DOGE also rose over 12% after his comments.