Today has been a day of progress in the crypto world as most of the top cryptocurrencies seem to be recovering from the $300 billion dollar “crypto crash.” Elon Musk aka ” the Dogefather” made an announcement on Twitter on May 13th that Telsa will be suspending all purchases using Bitcoin which seemed to create an aftermath of hundreds of billions of dollars in losses across the crypto community.
The following day of May 13th Musk announced that he was working with Doge developers to improve system transaction efficiency. This doesn’t come as a surprise because on May 11th Musk took a poll to see if his followers thought it would be a good idea for Tesla to accept Doge.
At 6:30 today Musk tweeted a message that seeming told his follower not to panic as the crypto crash started to recover. Could this be the beginning of the worldwide takeover of Dogecoin? Doge is currently trading at $0.48 at the time of this publication from a low of $0.37 today.