Why Elon Musk Likes Dogecoin

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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason mentioned for Dogecoin's rise in popularity?
Its strong developer community
Its stable price
Elon Musk's influence and love for memes
Its use in decentralized finance
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is Dogecoin compared to GameStop in the discussion?
Both are stable investments
Both have a large developer base
Both are driven by meme culture
Both have strong fundamentals
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What distinguishes Ethereum from Dogecoin according to the transcript?
Ethereum has fewer developers
Ethereum is a meme coin
Ethereum has strong fundamental traction and developer adoption
Ethereum is less popular than Dogecoin
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the upcoming improvements for Ethereum mentioned?
Reduction in developer support
Partnership with GameStop
Increased meme potential
EIP1559 protocol adjustment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is expected regarding the volatility of Ethereum in the near future?
It will become completely stable
Volatility will continue but may decrease over time
It will be more volatile than ever
It will be unaffected by market changes
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