Elon Musk Squashes Dogecoin Government Rumors!

Well, well, well, if it isn’t the old rascal himself, Elon Musk, putting the kibosh on those pesky rumors about Dogecoin being cozy with the Department of Government Efficiency (D.O.G.E.). He says they’re about as related as a kangaroo and a penguin. 🦒🐧

“Folks, it’s just a danged coincidence,” Musk hollered at a shindig thrown by America PAC in Greenville, Wisconsin, on March 30, 2025. “Just ’cause two things have similar names don’t make ’em kinfolk. We ain’t plannin’ on mixin’ Dogecoin with government business, no siree!”

He continued, “Sure, the names are as alike as two peas in a pod, but we’re talkin’ apples and oranges here. We changed the name from the Government Efficiency Commission to the Department of Government Efficiency, but we ain’t got no plans to use Dogecoin, or any other critter for that matter.” 🐶💼

After Musk’s denial, the price of Dogecoin took a tumble, falling about 3.8% in the last 24 hours. It wasn’t alone, though; Bitcoin, Ethereum, and Ripple all took a dip too, like a bunch of synchronized swimmers. 🏊‍♂️🏊‍♀️

Analysts say that while the D.O.G.E. rumors gave Dogecoin a little boost, the fundamentals and overall market conditions are still the big bosses. That price drop might just be a natural correction, like a river finding its own course. 🌊

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2025-03-31 19:57