Musk may once again bring up the cryptocurrency token Dogecoin in his next appearance on a TV show

Elon Musk, the billionaire CEO of Tesla and a well-known Dogecoin fan, was invited to a TV show, and the cryptocurrency community is waiting to see if Musk’s appearance on TV will raise the value of DOGE.

As it became known, Elon Musk was invited to his show by American comedian Chris Rock, and the billionaire responded positively to the offer and promised not to «fall face first into the mud.» The Tesla CEO has already appeared on a TV show before, and it contributed to the growth of the meme cryptocurrency’s value: Dogecoin rose to its all-time high, trading at $ 0.7376.

Great news!!! 🔥🔥🔥 pic.twitter.com/N1WwaQZi3L

— BogusThought (@BogusThought) September 4, 2022

Tesla CEO has repeatedly spoken out in support of Dogecoin. Thus, in early August, Musk emphasized that the «meme cryptocurrency» network can process significantly more transactions than the Bitcoin network. In a conversation with the leading podcast Full Send Podcast, Elon Musk said that DOGE coins are becoming increasingly popular as a means of payment. Dogecoin can be used to buy goods and services not only on the websites of Tesla and SpaceX but also from other large companies. «Dogecoin is much better than bitcoin for payments — transactions are confirmed in 60 seconds, not 10 minutes,» the billionaire said at the time about the advantages of DOGE.