Elon Musk said that Dogecoin can actually become a currency…

Today, it is clear that Dogecoin is making its way back to recovery. meanwhile the CEO of Tesla, Elon Musk has uttered many positive reviews on the cryptocurrency.

Musk was replying to the Dogecoin founder’s tweet when he said that the crypto can become a currency because it has potential.

The tweet has received favorable comments in the Dogecoin community on social media, with more investors cultivating confidence in the currency.

DOGE has made a good recovery of four percent gain, which investors believe is a good sign. They believe that the coin is on its way to bouncing back.

Whales and investors are holding a large amount of Dogecoin, and this is another reason why the coin remains on a bullish track.