Elon Musk has been fairly vocal about his help for cryptocurrencies, and particularly, a now highly regarded cryptocurrency, DOGE coin.

Prior to now, Musk has mentioned that when people finally start to terraform Mars, the economic system that shall be created there shall be primarily based on cryptocurrencies. The Tesla and Area CEO mentioned that the “Mars economic system will run on crypto” and agreed with a suggestion for a Crimson Planet coin referred to as “Marscoin“.

Not too long ago, Musk has been displaying main help for a coin that initially began as an web meme – Dogecoin. It was solely in the beginning of this month that Musk sent Dogecoin to the moon, sending the costs skyrocketing from $0.05 to simply underneath $0.058. Hypothesis has already begun about Dogecoin being a pivotal coin within the Mars economic system.