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Dogecoin soars 15% as Elon Musk replies ‘D.O.G.E’ to question about proposed Department of Government Efficiency ... The coin’s market cap reached an all-time high of $88 billion in May 2021 ...
The Elon Musk effect. Musk's interest in Dogecoin dates back to 2021, ... His antics were a big reason it soared 15,769% in just five months between the start of 2021 and May 8, ... In Other News.
A lawsuit accusing Elon Musk of rigging dogecoin is ending. Investors in the cryptocurrency who said the world's richest person and his electric car company Tesla committed fraud and insider ...
On May 4, 2021, the value of Dogecoin first surpassed the symbolic hurdle of $0.50. [47] In April 2023, a Dogecoin increase was attributed to Elon Musk temporarily changing the logo on the Twitter app to a Doge logo. [48] In June 2023, Musk was accused of insider trading by investors based on a series of stunts including the change of logo. [49]
Elon Musk really likes Dogecoin. In recent years, Musk has talked up the Shiba Inu–themed cryptocurrency on Saturday Night Live, mused about becoming its CEO, and even suggested he would send it ...
NEW YORK (Reuters) -Elon Musk and his electric vehicle company Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping the cryptocurrency dogecoin and ...
Musk tried to support the community by accepting Dogecoin for certain items of merchandise at Tesla near the end of 2021, but it wasn't enough to stop a 92% plunge by mid-2022.
For the year, Dogecoin is up 50%, compared to 60% for Bitcoin. You can thank tech billionaire Elon Musk for that. Once known as "The Dogefather" for his support and promotion of Dogecoin during ...