The popularity of cryptocurrencies continues to grow every year.
“Searches for Dogecoin have surged 1,992 per cent worldwide over the last seven days after Elon Musk changed Twitter’s bird logo to Dogecoin’s Shiba Inu.”
Elon Musk has offered to buy social media company Twitter for $41.4 billion, describing the offer as “best and final.”
Dogecoin has become one of the top 10 cryptocurrencies by market cap, hitting $253 billion in trading volume monthly.
An endorsement by Twitter CEO Jack Dorsey has seen the value of joke cryptocurrency Hamstercoin rise sharply to challenge Dogecoin.
Anonymous maintained that Mr Musk’s “tweets this week show a clear disregard for the average working person.”
The regulator also said its decision was not in any way inimical to the development of FinTech or technology-driven payment solutions.
In 2020, crypto marketplace Paxful reported that Nigeria had the world’s second-largest Bitcoin by trading volume.
![CBN Governor, Godwin Emefiele. [CREDIT: Bloomberg]](https://gazettengr.com/wp-content/uploads/CBN-Governor-Godwin-Emefiele.jpg)
