{"id":19930,"date":"2023-04-01T08:02:22","date_gmt":"2023-04-01T08:02:22","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/04\/01\/elon-musk-might-stop-promoting-dogecoin-will-doge-take-a-hit\/"},"modified":"2023-04-01T08:02:22","modified_gmt":"2023-04-01T08:02:22","slug":"elon-musk-might-stop-promoting-dogecoin-will-doge-take-a-hit","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/04\/01\/elon-musk-might-stop-promoting-dogecoin-will-doge-take-a-hit\/","title":{"rendered":"Elon Musk Might Stop Promoting Dogecoin; Will Doge Take A Hit?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><strong>Dogecoin News:<\/strong> Elon Musk, Tesla CEO and a <a href=\"https:\/\/coingape.com\/tag\/dogecoin-doge\/\" target=\"_blank\" rel=\"noopener\">Dogecoin (DOGE)<\/a> fan on Friday filed his reply towards the allegations of operating a pyramid scheme to help the world\u2019s largest<a href=\"https:\/\/coingape.com\/glossary\/meme-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"> meme crypto<\/a>. Musk\u2019s lawyer even referred to as the lawsuit a \u201cfanciful work of fiction\u201d.<\/p>\n<h2>Elon Musk Rejects Pyramid Scheme Claims<\/h2>\n<p>According to the courtroom filings, Elon Musk\u2019s lawyer highlighted that the traders didn\u2019t clarify how Tesla Chief was planning to defraud anybody. However, tweets and statements like \u201cno highs, no lows, only Doge and \u201cDogecoin Rulz\u201d can&#8217;t help the claims of the plaintiff.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>It talked about that Tweets together with help for DOGE or humorous photos in regards to the meme coin aren&#8217;t illegal when the token holds a market cap of round $10 billion. Lawyers requested the Court to dismiss the criticism.<\/p>\n<p>However, it is very important word that the footnote of the courtroom filings rejected traders\u2019 declare of calling Dogecoin a safety. Meanwhile, Evan Spencer, Investors\u2019 lawyer reportedly mentioned that the plaintiffs are assured that the case will probably be profitable. <strong><a href=\"https:\/\/coingape.com\/tag\/dogecoin-doge\/\" target=\"_blank\" rel=\"noopener\">Read More Dogecoin News Here\u2026<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"quads-location quads-ad124348 \" id=\"quads-ad124348\" style=\"float:none;text-align:center;padding:0px 0 0px 0;\">\n<div class=\"ad-container-layout\" style=\"width: 75%; margin: 0 auto;\">\n<div class=\"ad-container justify-content-center\">\n        <a href=\"https:\/\/bit.ly\/3bPvmmk\" target=\"_blank\" rel=\"nofollow noopener\" style=\"width: 25%\"><br \/>\n          <img decoding=\"async\" alt=\"live-coin-images\" style=\"width:85px\" class=\"ad-image\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/31174226\/coin.png\"\/><noscript><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/31174226\/coin.png\" alt=\"live-coin-images\" style=\"width:85px\" class=\"ad-image\"\/><\/noscript><br \/>\n        <\/a><\/p><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"textAds mt-3 position-relative mb-3 border rounded p-2\">\n<a href=\"http:\/\/bit.ly\/3kCtW8T\" target=\"_blank\" class=\"d-flex text-decoration-none\" rel=\"nofollow noopener\">\n\n\n<div class=\"imgAds\"><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\" \/><noscript><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\" \/><\/noscript><\/div>\n\n\n\n\n<div class=\"TextadTxt pl-3 pr-5\">Bitget is a Leading Derivatives Trading Platform - 24\/7 online support. One-Click Copy Trading. Industry-leading Security. Sign up & Trade Digital Asset!<\/div>\n\n\n<i class=\"iconsads position-absolute left-50 top-2\"><\/i>\n<\/a>\n<\/div>\n\n -->\n<\/div>\n<p><strong>Also Read: <a href=\"https:\/\/coingape.com\/michael-saylor-microstrategy-bitcoin-gamble\/\" target=\"_blank\" rel=\"noopener\">Michael Saylor\u2019s $4 Bn Bitcoin Gamble Is Slowly But Steadily Inching Towards Profitability<\/a><\/strong><\/p>\n<p>Elon Musk\u2019s favourite meme crypto, <a href=\"https:\/\/coingape.com\/price\/dogecoin\/\" target=\"_blank\" rel=\"noopener\">Dogecoin price<\/a> hasn\u2019t registered any such large surge over the previous few weeks. DOGE has additionally not reacted a lot to the Tesla Chief\u2019s Tweets. Dogecoin value is down by 7% over the previous 30 days. It is buying and selling at a median value of $0.071, on the press time.<\/p>\n<p>DOGE market cap stands at round $10.7 billion. However, traders have accused Musk of impacting the Dogecoin value by 36,000% within the final two years. It is being accused that they generated billions in revenue at different DOGE holders\u2019 expense when the Tesla Chief knew that it doesn\u2019t maintain intrinsic worth.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA144006\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<div class=\"authodes\">\n<p>Ashish believes in Decentralisation and has a eager curiosity in evolving Blockchain expertise, Cryptocurrency ecosystem, and NFTs. He goals to create consciousness across the rising Crypto business via his writings and evaluation. When he isn&#8217;t writing, he&#8217;s enjoying video video games, watching some thriller film, or is out for some outside sports activities. Reach me at <a href=\"https:\/\/coingape.com\/cdn-cgi\/l\/email-protection\" class=\"__cf_email__\" data-cfemail=\"bcddcfd4d5cfd4fcdfd3d5d2dbddccd992dfd3d1\">[email\u00a0protected]<\/a>                         <\/p><\/div>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD144006\">\n<p>  The introduced content material might embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any accountability in your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/elon-musk-might-stop-promoting-dogecoin-will-doge-take-a-hit\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Dogecoin News: Elon Musk, Tesla CEO and a Dogecoin (DOGE) fan on Friday filed his reply towards the allegations of operating a pyramid scheme to help the world\u2019s largest meme crypto. Musk\u2019s lawyer even referred to as the lawsuit a \u201cfanciful work of fiction\u201d. Elon Musk Rejects Pyramid Scheme Claims According to the courtroom [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[548,191,151,794,152,2811,2337],"class_list":["post-19930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-doge","tag-dogecoin","tag-elon","tag-hit","tag-musk","tag-promoting","tag-stop","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=19930"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19930\/revisions"}],"predecessor-version":[{"id":19931,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/19930\/revisions\/19931"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/19932"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=19930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=19930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=19930"}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