ilmscore | Prediction Details
"Elon is also a firm believer in dogecoins fundamentals he says that Dogecoin is much better suited for transactions than Bitcoin is that's because Dogecoin has a block time of roughly 1 minute compared to bitcoin's block time of around 10 minutes Dogecoin also has much cheaper transaction fees and can process 33 transactions per second while Bitcoin can only handle seven Elon has also said that because Do's Supply is slightly inflationary this quote encourages people to spend rather than to ha it as a store of value"
By Coin Bureau | January 22, 2025 | Pending
From video
What X Money Means for Dogecoin and the Future of Crypto 00:09:01 - 00:09:30
Interpreted Prediction
Elon Musk believes Dogecoin's fundamentals, including faster block times, cheaper fees, and higher transaction processing capacity, make it more suitable for transactions than Bitcoin. He also suggests its inflationary nature encourages spending.

Prediction Details

Ticker
DOGE
Initial Price
0.36 USD

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