Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The richest man in the world, Elon Musk, has endorsed Dogecoin once again, sending its price slightly higher. Meanwhile, the much anticipated HUH Token has launched today.
Musk said via Twitter that web3—the notion that a decentralised version of the internet powered by crypto technology will eventually supplant Silicon Valley's web 2.0—"sounds like BS" and cited Dogecoin in response to a report that high Ethereum transaction fees are preventing investors from participating in decentralised finance (DeFi).
This week, Twitter co-founder Jack Dorsey announced his departure from the social network to focus on web3 development and his payments company Square,
Read more on cryptonews.com