{"id":78963,"date":"2023-05-18T18:11:33","date_gmt":"2023-05-18T15:11:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78963"},"modified":"2025-09-11T08:19:10","modified_gmt":"2025-09-11T05:19:10","slug":"changpeng-zhao-elon-musk-gives-dogecoin-a-new-lease-on-life","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/changpeng-zhao-elon-musk-gives-dogecoin-a-new-lease-on-life\/","title":{"rendered":"Changpeng Zhao: Elon Musk gives Dogecoin a new lease on life."},"content":{"rendered":"<p>Elon Musk has &#8220;extended Dogecoin&#8217;s life,&#8221; a cryptocurrency that could have &#8220;long since disappeared.&#8221; This was stated during the <span data-descr=\"Ask Me Anything - ask me anything\" class=\"old_tooltip\">AMA<\/span>-session by Binance CEO Changpeng Zhao.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">And we\u2019re live! <\/p>\n<p>Tune-in to our AMA with <a href=\"https:\/\/twitter.com\/cz_binance?ref_src=twsrc%5Etfw\">@cz_binance<\/a> here \u2b07\ufe0f<a href=\"https:\/\/t.co\/2mHJwtKDog\">https:\/\/t.co\/2mHJwtKDog<\/a><\/p>\n<p>\u2014 Binance (@binance) <a href=\"https:\/\/twitter.com\/binance\/status\/1658796886378045440?ref_src=twsrc%5Etfw\">May 17, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The top executive had anticipated Dogecoin&#8217;s fade, given its &#8220;uselessness&#8221;, but the asset attracted Elon Musk&#8217;s interest. Zhao said that the Tesla founder supported the interest in the meme token, which might otherwise have withered.<\/p>\n<p>The Binance CEO admitted that he does not understand the appeal of such assets and is not their owner, preferring cryptocurrencies &#8220;with utility&#8221;. In Dogecoin and similar coins there is a very high risk, but the exchange is prepared to list them if users show clear interest, he added.<\/p>\n<p>Musk actively promoted the meme token. In April 2022, the businessman proposed lowering the price of Twitter Blue and giving users <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-proposes-paying-for-twitter-blue-with-dogecoin\">the ability to pay for the premium service in DOGE<\/a>.<\/p>\n<p>Earlier, Tesla <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-says-tesla-begins-selling-merchandise-for-dogecoin\">began selling Dogecoin merchandise<\/a>.<\/p>\n<p>On 3 April 2023, for a couple of days the symbol of the &#8220;dogecoin&#8221; coin <a href=\"https:\/\/u1f987.com\/en\/news\/dogecoin-symbol-becomes-twitter-logo-as-crypto-surges-25\">became Twitter&#8217;s logo<\/a>.<\/p>\n<p>In July 2022, American Keith Johnson <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-spacex-and-tesla-hit-with-258-billion-lawsuit-over-dogecoin-promotion\">accused<\/a> SpaceX and Tesla, and their head, of promoting the &#8220;cryptocurrency pyramid&#8221; Dogecoin and demanded $258 billion.<\/p>\n<p>In early April 2023, Musk&#8217;s lawyers <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-asks-court-to-dismiss-258-billion-dogecoin-promotion-lawsuit\">called the DOGE investor&#8217;s claims<\/a> a &#8220;fanciful fabrication&#8221;. The billionaire asked the court to dismiss the suit.<\/p>\n<p>Recently, the number of transactions on the Dogecoin network <a href=\"https:\/\/u1f987.com\/en\/news\/dogecoin-transaction-volume-overtakes-bitcoins\">has surpassed Bitcoin&#8217;s metric<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk has &#8220;extended Dogecoin&#8217;s life,&#8221; a cryptocurrency that could have &#8220;long since disappeared.&#8221; This was stated during an AMA session by Binance CEO Changpeng Zhao.<\/p>\n","protected":false},"author":1,"featured_media":78964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[935,99,1217,1161],"class_list":["post-78963","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-changpeng-zhao","tag-dogecoin","tag-elon-musk","tag-memes"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=78963"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78963\/revisions"}],"predecessor-version":[{"id":78965,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/78963\/revisions\/78965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/78964"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=78963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=78963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=78963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}