Elon Musk Dogecoin interest is not new, he is in touch with developers since 2019

Dogecoin developers reveal that they are working with Elon Musk to make the cryptocurrency a greener and cheaper alternative to Bitcoin.

Dogecoin developers have confirmed that Tesla CEO Elon Musk has been advising the developers since 2019. They have also said that there is a technical upgrade in the pipeline. 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 cryptocurrency, which was conceived as a joke in 2013, rose over 30% on Friday morning following Musk's tweet. It touched a high of $0.56.