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Elon Musk named the most convenient cryptocurrency for small transactions

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Musk named the most convenient cryptocurrency for small transactions

He commented on an article about criticism of currency exchanges due to high fees.

According to the article, the average transaction size in Ethereum is between $500,000 and $1 million. While smaller transfers are not as popular due to the high fees from exchanges.

Musk responded to these complaints pretty succinctly, writing on his Twitter, “Dooooge.”

Expectedly, the cryptocurrency exchange rate reacted to this post, and its price went up by 5% quite quickly.

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Jnr Larry
Hi 👋 my name is Jnr Larry and I'm a Blogger and a website designer. Contact me @ jnrlarry83@gmail.com.

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