Elon Musk has mentioned the concept of a Dogecoin pageant “sounds kinda enjoyable” after some cryptocurrency fans urged it on Twitter.
A well-liked Dogecoin fan account posted a photograph of what seemed to be a music pageant stage that had been edited to incorporate photos of the Shiba Inu meme that’s usually related to the cryptocurrency token.
The account additionally urged Musk—a recognized supporter of Dogecoin—might DJ on the pageant whereas Dogecoin may very well be used “as fee for every thing.”
Musk, the billionaire CEO of Tesla and SpaceX, humored the concept, replying on Twitter, although it is unclear if he’ll take it significantly or not.
It comes forward of the Bitcoin 2021 Miami crypto convention, attributable to happen June 4 and 5 on the Mana Wynwood Conference Heart. The occasion is organized by bitcoin media firm BTC, Inc.
BTC has mentioned it expects greater than 10,000 folks to attend the occasion, however Fox Enterprise, which has known as the occasion the most important cryptocurrency convention in historical past, studies that organizers expect upwards of fifty,000 attendees.
The occasion is because of host a variety of well-known names together with Jack Dorsey, CEO of Twitter; skilled skateboarder Tony Hawk; and former U.S. Congressman Ron Paul. There may also be audio system from throughout the cryptocurrency and finance industries.
Though the principle convention days will run via June 4-5, there may also be “Whale Day” on June 3—a particular occasion accessible to those that purchase the $21,000 Whale Cross. Basic admission prices $1,499, although each tickets will value extra after charges.
BTC say the Whale Day occasion will embrace content material about “how you can finest leverage bitcoin as a monetary instrument” in addition to data on bitcoin mining.
The entire occasion had beforehand been deliberate to happen from April 30 to Might 1 in Los Angeles, however was relocated with BTC citing “circumstances concerning availability within the state of California” on the occasion web site.
Francis Suarez, mayor of Miami, informed Fox Enterprise in January he wished town to turn into “one of the crucial crypto-forward and technological cities within the nation.”
The worth of bitcoin has suffered a decline over the previous few weeks regardless of reaching an all-time excessive of round $65,000 in mid-April. Current unhealthy information for the digital forex has included a crackdown in China.
Bitcoin is presently price round $36,000 with a market cap—the overall worth of its circulating provide—of round $678 billion, based on CoinMarketCap knowledge on the time of writing.
Specialists have beforehand warned Newsweek in regards to the dangers related to cryptocurrency investing.