How much influence does Elon Musk really have over crypto market?
Decrypt Media editor-in-chief Daniel Roberts on Bitcoin, Dogecoin and Elon Musk’s impact on cryptocurrencies.
After announcing earlier this month that he would be working with Dogecoin's developers to "improve system transaction efficiency," Elon Musk is now soliciting feedback from the public on ideas to enhance the joke currency even further.
"If you’d like to help develop Doge, please submit ideas on GitHub & http://reddit.com/r/dogecoin/ @dogecoin_devs," Musk tweeted on Monday.
He added that one user already suggested changing the meme token's fees based on the phases of the moon, which he called "pretty awesome."
According to prices tracked by Coindesk, Dogecoin has rebounded about 21% to around 36 cents per coin as of late Monday afteroon. Dogecoin tumbled along with the world's two largest cryptocurrencies, Bitcoin and Ethereum, over the weekend.