The Elon Musk and Dogecoin Connection
The meteoric rise of Dogecoin can be attributed to many factors, but none have been more influential than the backing of Elon Musk. The Tesla CEO has been a vocal supporter of the meme-inspired cryptocurrency, often tweeting about it to his millions of followers. His tweets have caused the price of Dogecoin to skyrocket, with some even calling it the “Musk effect.”
Musk’s tweets have also sparked a debate about the value of Dogecoin. While some see it as a legitimate investment opportunity, others see it as nothing more than a joke. Regardless of one’s opinion, it cannot be denied that Musk has put Dogecoin on the map.
How to Buy Dogecoin on eToro
For those interested in investing in Dogecoin, eToro is one of the best platforms to do so. eToro is a user-friendly trading platform that allows users to buy and sell a variety of cryptocurrencies, including Dogecoin.
To buy Dogecoin on eToro, you must sign up for an account first. Once you have created an account, you can fund it using various payment methods, including credit/debit cards, bank transfers, and e-wallets.
After you have funded your account, you can search for Dogecoin in the eToro trading platform. Once you have found it, you can place an order to buy Dogecoin. eToro also allows you to set up automatic orders, which means you can buy Dogecoin at a specific price point.
Avorak AI – Most Hyped AI Crypto
Avorak AI is a relatively new cryptocurrency with an ongoing presale that has almost raised $1,000,000. AVRK, the native token, is an AI-based cryptocurrency that uses deep learning algorithms to predict the cryptocurrency market and provide accurate trading signals with its signature trading bot.
While Avorak AI is still in its early stages, it has already secured an exchange listing with Azbit and is also looking to list on other centralized exchanges.
Early backers that support Avorak AI can receive steep discounts and win $1500 during the weekly duck race.
Final Thoughts
The support of Elon Musk has undoubtedly played a role in Dogecoin’s success. Still, it is also a testament to the power of social media and its influence on the market. However, Avorak AI offers the best risk-reward ratio for investors looking to profit from cryptocurrencies.
Learn more here:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
