Lawyers for Elon Musk called the lawsuit by DogeCoin investors a “fanciful work of fiction”. Musk last week asked a judge to throw out a $258bn (!) racketeering lawsuit accusing him of running a pyramid scheme to support the DogeCoin cryptocurrency. Over the course of January 2023, DOGE grew by more than 13 as investors banked on seeing the cryptocurrency's involvement with Twitter increase. The timing of this latest display of edgelord humour is probably not a coincidence: Musk is involved in a legal spat with DogeCoin users who claim he has been “pumping and dumping” the currency. Dogecoin (DOGE) Sees More Utility As Twitter Usage Hits Another All-Time High by Tadas Klimasevskis Published: Novem 5:30 PM GMT Twitter’s new Chief Twit Elon Musk continues the Twitter Purge by locking out all of the remaining Twitter staff from the office until further notice. In fact, Dogecoin's performance has excelled off the back of Musk's 2022 acquisition of Twitter and the suggestion that his vision for the future of the platform could incorporate crypto. He followed up some hours later with a tweet in the style of a Soviet propaganda poster that read “Seize the memes of production”. ![]() Now, just over a year later, Musk has delivered the perfect internet in-joke and it only cost him $43bn, plus the jobs of the several thousand staff who he fired within months of being handed the keys to Twitter HQ. RTs are not endorsements the moon Joined December 2013 21 Following 3. None of them are in the spot to be financially advising. Dogecoin is an open source peer-to-peer cryptocurrency, favored by shibas worldwide. This was in March 2022, a month before his controversial first move for the social media platform and seven months before he would finalise the purchase of the site. Dogecoin dogecoin Be mindful of the intentions people have when they direct you to buy things. Crypto Investing Course Be a smarter, safer investor in eight weeks. ![]() State of Crypto Probing the intersection of crypto and government. Twitter has replaced the blue bird in its logo by removing the picture of the dog. Twitter Logo Change: The Twitter logo has once again rocked the cryptocurrency Dogecoin. Dodgecoin is the 7th most valuable cryptocurrency in the world. ![]() A meme tweeted by Musk after the logo changed The biggest crypto news and ideas of the day. Dodgecoin boomed as soon as the dog meme was made the logo. The price of dogecoin, which is typically volatile, was up more than 20 over the past 24 hours, to about 9 cents. “Haha that would be sickkk,” replied Musk – and you could tell he really meant it by the number of ‘k’s he used. Musk has been known to use Twitter to troll both his fans and his critics.
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