Elon Musk Re-Endorses Dogecoin, Predicts Crypto Resurgence Toward $7.5 Trillion Market

Elon Musk has returned to publicly supporting dogecoin, saying "dogecoin to the moon" and that Tesla should accept doge payments.

Musk claims he originally supported dogecoin because Tesla factory workers asked him to back in 2021.

The crypto market has seen a huge price surge back towards its $3 trillion all-time high.

Speculation continues that Musk's Twitter alternative X could support crypto payments when it launches properly in 2024.

Analysts predict the total crypto market cap could reach $7.5 trillion by 2025 amid "unprecedented institutional adoption."