Dogecoin carbon emissions down by 25% following Elon Musk collaboration

Dogecoin carbon emissions down by 25% following Elon Musk collaboration

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Study presentations that Dogecoin (DOGE) used to be the handiest memecoin in 2022 to proactively cut its carbon footprint — a key metric for mainstream adoption — by 25% in one yr, thanks to the intervention of developers and Tesla (NASDAQ:TSLA) CEO Elon Musk.

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One among the basic the clarification why Musk backtracked on accepting Bitcoin (BTC) funds for Tesla used to be excessive carbon emissions. On the time, he believed that Dogecoin — “even supposing it used to be created as a silly silly tale” — used to be better fitted to transactions.

<em>Annual CO2 emissions for prime cryptocurrencies. Supply: Forex Counsel</em>

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