What is Elon Musk's new coin?

Bitcoin captured Elon Musk's attention in the early stages of 2021, serving as a novelty for the tech entrepreneur. However, Dogecoin held a special place in his heart, a sentiment that transcended mere fleeting interests.

In a pivotal moment, Musk declared Dogecoin "the people's crypto" via a tweet in February 2021. This endorsement was met with an immediate and profound impact on the cryptocurrency's value.

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Within mere hours of Musk's endorsement, Dogecoin's price surged by an astonishing 50% or more. This unprecedented jump solidified Dogecoin's position as a formidable player in the cryptocurrency market.

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