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During the price drops in March, July and September, Dogecoin fell with the market. However, the price decline of DOGE is not as bad as Bitcoin, and the downward trend shows that Dogecoin is recovering faster than Bitcoin

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Restaurants in Maryland accept e-money dogecoin, MyFoxDC reported. Iron Rail Restaurant in Mount Savage, Maryland, officially accepts Dogecoin. Owner Terry Ii says the use of dogecoin has benefited restaurants, including the need not to pay for credit cards.

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Musk is a name that is very interested in cryptocurrencies. Musk, the founder of PayPal and familiar with digital payments, previously announced that he owns 0.25 BTC and gets it from friends. At the same time, Tesla's chief executive is more concerned with dog money than Bitcoin. Last year, Musk announced that his favorite cryptocurrencies was Dogecoin. After the announcement, even Musk added "Dogecoin CEO" to his profile.