Elon Musk intends to launch his own cryptocurrency

American entrepreneur Elon Musk, founder of Tesla and SpaceX, announced on his Twitter account that he plans to launch the "Marscoin" cryptocurrency.

 On February 14, Musk pledged to support the owners of the cryptocurrency, "Dogecoin", by selling the bulk of their savings, in order to avoid concentrating funds.

In response to this statement, internet pioneers suggested that the American billionaire launch his own cryptocurrency, "Elonquin", while one of the users suggested that Musk's cryptocurrency should bear the name "Marscoin", and businessmen confirmed that he would call his own cryptocurrency specifically this name.

On February 15, Musk caused the "decrease" of the price of the cryptocurrency, "Dogecoin", after inviting its big owners on "Twitter" to sell part of their currencies.

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