Elon Musk has been making waves within the cryptocurrency space. In that context, his upcoming biography is about to reveal his extensive connection with Dogecoin ($DOGE). Despite the news, Dogecoin is still struggling in the red zone. Yet, Borroe.Finance ($ROE) is revolutionizing the DeFi space, and more investors are buying the token due to its huge profits. Can Dogecoin catch up?
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Elon Musk’s upcoming biography reveals lots of secrets about the tech billionaire. Based on the biography that is set for release later in September 2023, Musk considered the possibility of creating a social media platform powered by blockchain technology. Also, it is alleged that he has been financing the developments on Dogecoin ($DOGE) secretly.
According to Wall Street Journal (WSJ) reports, the biography will also feature insights into how Musk intended to link the blockchain-based social media platform with Dogecoin ($DOGE).
For a long time, many internet users believed that Musk was heavily involved in the Dogecoin ($DOGE) development. His tweets and statements always have lots of influence over Dogecoin ($DOGE), which earned him the nickname "Doge Father."
After the purchase of Twitter (now rebranded as X) in a $44-billion deal in 2022, Musk excited the entire crypto community by temporarily replacing Twitter's iconic 17-year-old "bird" logo with Dogecoin’s ($DOGE) logo. Within an hour of that replacement, Dogecoin ($DOGE) gained 16%.
Furthermore, rumors were spreading stating that Musk was seriously pursuing the integration of Dogecoin ($DOGE) with Twitter. Regardless of all these efforts, Musk’s close association with Dogecoin ($DOGE) has also brought him some challenges. Recently, Musk was linked to a lawsuit
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