Dogecoin surges as Elon Musk says he’s working with developers

Watch: Coinbase set to offer Dogecoin

Dogecoin soared on Friday after Elon Musk said he was working with the crypto’s developers to improve its efficiency as a means of payment.

The Tesla (TSLA) boss, who has previously said his Dogecoin tweets shouldn’t be taken seriously, tweeted that he was “working with doge devs to improve system transaction efficiency” and said the work was “potentially promising.”

The cryptocurrency, which was conceived as a joke in 2013, rose over 30% on Friday morning…


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