Elon Musk, CEO of Tesla and SpaceX, is a prominent figure in the cryptocurrency world, often influencing the market through his tweets. Known for his support of Dogecoin (DOGE), Musk has been called the "Dogefather" by the community. His endorsement of DOGE and comments about Bitcoin have caused significant price movements. For example, Musk’s tweet in May 2021 announcing Tesla would no longer accept Bitcoin due to environmental concerns led to a sharp drop in Bitcoin’s price, while his subsequent support for DOGE caused its value to skyrocket.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

Solana is a high-performance blockchain platform designed to support decentralized applications (dApps) and cryptocurrency transactions at scale.

Zero-Knowledge Ethereum Virtual Machine (zkEVM) is a scaling solution that combines the benefits of zero-knowledge proofs (ZKP) with the functionality of Ethereum's EVM (Ethereum Virtual Machine).

A relay chain is the central blockchain in a multi-chain network, responsible for coordinating and securing the entire network.

A public key is a cryptographic code used in conjunction with a private key to encrypt and decrypt data.

A protocol in blockchain refers to the set of rules that define how data is exchanged and validated across the network.

A paper wallet is a physical document containing a public address and private key, typically printed as QR codes, used to store cryptocurrencies offline.

Liquidity refers to how easily an asset, such as cryptocurrency, can be bought or sold in the market without affecting its price.

ERC-721 is a token standard that introduced the concept of non-fungible tokens (NFTs) on Ethereum.

Daily Active Users (DAUs) is a metric used to measure the number of unique users who interact with a decentralized application (dApp) or platform within a 24-hour period.

Changpeng Zhao, commonly referred to as CZ, is the founder and CEO of Binance, one of the largest cryptocurrency exchanges in the world.

A cryptocurrency is a form of digital or virtual currency that relies on cryptography for securing transactions, controlling the creation of new units, and verifying the transfer of assets.

A blockchain is a decentralized and distributed ledger technology (DLT) that records transactions across a network of computers.
Solana is a high-performance blockchain platform designed to support decentralized applications (dApps) and cryptocurrency transactions at scale.
Zero-Knowledge Ethereum Virtual Machine (zkEVM) is a scaling solution that combines the benefits of zero-knowledge proofs (ZKP) with the functionality of Ethereum's EVM (Ethereum Virtual Machine).
A relay chain is the central blockchain in a multi-chain network, responsible for coordinating and securing the entire network.
A public key is a cryptographic code used in conjunction with a private key to encrypt and decrypt data.
A protocol in blockchain refers to the set of rules that define how data is exchanged and validated across the network.
A paper wallet is a physical document containing a public address and private key, typically printed as QR codes, used to store cryptocurrencies offline.