Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Dogecoin for Mars? Palantir co-founder Joe Lonsdale thinks so

Dogecoin for Mars? Palantir co-founder Joe Lonsdale thinks so

There’s a good chance Dogecoin (CRYPTO: DOGE) is going to be for a while, Palantir Technologies Inc. (NYSE: PLTR) co-founder Joe Lonsdale said Thursday on CNBC’s “Squawk Box.”

If Elon Musk, CEO of Tesla Inc. (NASDAQ: TSLA) and SpaceX decide he wants to make Dogecoin a currency on Mars, “I bet he could,” Lonsdale said.

See also: How to buy Dogecoin (DOGE)

Dogecoin is growing at 2% a year, he said, adding that there is nothing irrational about a slow-growing cryptocurrency.

“I do not think it’s as crazy as it sounds,”

; Lonsdale told CNBC. He followed it up by smiling and saying, “Even if it’s dog money.”

DOGE price action: Dogecoin, cryptocurrency based on a popular internet meme, has risen around 13,000% in 2021 as it receives endorsements from Elon Musk, Mark Cuban and other celebrities.

At the last check on Thursday morning, it was down to 0.0338% at 60 cents.

Related link: Dogecoin Rally A ‘Middle Finger’ for the system, says Bitcoin Bull Novogratz

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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