David Gokhshtein Says Vitalik Buterin and Elon Musk Could Partner to Upgrade Dogecoin
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Gokhshtein speculates that Musk and Buterin could work together to upgrade Dogecoin.
Prominent cryptocurrency influencer David Gokhshtein believes that the crypto community could witness a collaboration between Elon Musk and Ethereum’s Vitalik Buterin to upgrade Dogecoin (DOGE).
I think we will all see Vitalik and Elon working together to upgrade something $DOGE.
– David Gokhshtein (@davidgokhshtein) November 25, 2022
Duo could run on Dogecoin, not Bitcoin
According to Gokhshtein, founder of Gokhshtein Media, the two heavyweight tech titans plan to upgrade Dogecoin, not the world’s largest cryptocurrency, Bitcoin, by market cap.
He added that while Musk is interested in creating something useful from a project that started as a joke, Buterin would not want to be associated with Bitcoin again after being fired earlier.
“They don’t work on Bitcoin – well, because Vitalik tried it before and got fired, and Elon is interested in turning what started as a joke into something serious,” he added.
Musk and Buterin’s Dogecoin Contributions
It’s worth noting that both Buterin and Musk have strong ties to the leading dog-themed cryptocurrency. Buterin has made huge donations to the Dogecoin community in the past. As reported by TheCryptoBasic, The founder of Ethereum donated 20 million DOGEworth $1.7 million, on November 14th to the Dogecoin Foundation. The donation adds to previous financial support the Canadian programmer has given to the Dogecoin community. In May, Buterin donated 500 ETH (then $1 million) to the Dogecoin community. These donations are Buterin’s way of promoting the development of the leading dog-themed cryptocurrency.
Gokhshtein commented on the $1 million that Buterin donated to the Dogecoin Foundation. A prominent crypto influencer said he expects Buterin to announce something big that would take Dogecoin to the next level.
– David Gokhshtein (@davidgokhshtein) May 16, 2022
In particular, Buterin has made significant donations to the Dogecoin Foundation since he serves as a blockchain advisor to the organization.
Meanwhile, Musk’s role in Dogecoin’s growth cannot be overemphasized. The world’s richest man played a crucial role in the massive Dogecoin rally recorded last year, which saw its value rise to an all-time high of $0.73.
On several occasions, Musk offered Dogecoin free promotions on Twitter, leading to widespread adoption of the token. Except Accepting Dogecoin payments for Tesla and SpaceX productsMusk also plans to integrate DOGE with Twitter. When Musk bought Twitter, he tweeted a picture of a dog wearing a Twitter shirt. The image suggests that Musk has plans for Dogecoin on social media.
Based on Musk and Buterin’s contributions to Dogecoin, it’s not shocking to see a partner of the duo taking the initiative to upgrade DOGE.
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