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Dogecoin to Mars? Palantir Co-Founder Joe Lonsdale Thinks So – Benzinga

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https://www.benzinga.com/markets/cryptocurrency/21/05/20987436/dogecoin-to-mars-palantir-co-founder-joe-lonsdale-thinks-so

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There’s a good chance Dogecoin (CRYPTO: DOGE) is going to be around for a while, Palantir Technologies Inc (NYSE:PLTR) co-founder Joe Lonsdale said Thursday on CNBC’s “Squawk Box.”

If Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA) and SpaceX, decides he wants to make Dogecoin a currency on Mars, “I bet you he could do it,” Lonsdale said.

See Also: How to Buy Dogecoin (DOGE)

Dogecoin grows at 2% per year he said, adding that there’s nothing irrational about a slow-growing cryptocurrency.

“I don’t think it’s as crazy as it sounds,” Lonsdale told CNBC. He followed that up by smiling and saying, “Even though it is dog money.”

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DOGE Price Action: Dogecoin, the cryptocurrency based on a popular internet meme, has surged around 13,000% in 2021 as it receives endorsements from Elon Musk, Mark Cuban and other celebrities.

At last check Thursday morning, it was down 0.0338% at 60 cents.

Related Link: Dogecoin Rally A ‘Middle Finger’ To The System, Says Bitcoin Bull Novogratz

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights
reserved.

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