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Questions and Answers

What did Elon Musk tweet about Dogecoin?

  • He was selling all of his Dogecoin holdings
  • He was warning people to stay away from Dogecoin
  • He was working with developers to improve system transaction efficiency (correct)
  • He was announcing the launch of his own cryptocurrency

    • What happened to the cryptocurrency market after Elon Musk's tweet about Dogecoin?

  • The largest cryptocurrency hit a two-month low (correct)
  • Dogecoin rallied by about 20 percent
  • The largest cryptocurrency rallied by about 20 percent
  • Dogecoin hit a two-month low

    • What has Elon Musk been doing in recent months that has influenced the digital currency market?

  • Tweeting in support of cryptocurrency (correct)
  • Warning people to stay away from cryptocurrency
  • Launching his own cryptocurrency
  • Selling all of his cryptocurrency holdings

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