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Elon Musk has been very public about his love for Dogecoin (DOGE). He has enabled DOGE payments for many of his business ventures, including SpaceX and Tesla merchandise. Musk even convinced President Trump to launch the Department of Government Efficiency (D.O.G.E.), a nod to the memecoin. Musk’s posts about DOGE have often led to big price rallies. Let’s discuss if the popular memecoin can rise without the help of the tech billionaire. Can Dogecoin Rally Without Elon Musk? Source: Watcher.Guru DOGE is the original memecoin. The project made its debut in December 2013, more than 11 years ago. DOGE has come a long way since its inception. While the asset saw incredible popularity due to its meme origins, there is no denying the fact that Musk’s support has been incredibly beneficial to the asset’s price. While it may seem that Musk is the most significant driver for Dogecoin’s (DOGE) price, the memecoin could very well rally without the billionaire’s ...

Dogecoin is currently one of the leading tokens out of the lot. The cryptocurrency market is always busy birthing new tokens; however, with Dogecoin, the reputation that the token has amassed in all these years is truly unmatched in all cases. Dogecoin is currently gaining steam due to many reasons. Will this hype and attention help the token gain a new price spot soon? Let’s find out. Also Read: Mysterious Trade: US Congresswoman Buys German Arms Manufacturer Stock Dogecoin: New Updates Source: Bitcoinist Dogecoin is currently sitting high on the radar of many investors. The token has amassed supreme popularity as of late due to the token’s close association with Tesla chief Elon Musk. With Musk taking charge of the Department of Government Efficiency, or D.O.G.E., Dogecoin has been banking on the aforementioned possibility to claim a new high and leverage the momentum to scale past several price barriers. The token is currently sitting at $0.25, awaiting a mild price push for it...

Throughout the first two months of the year, few companies have had as hard a time on Wall Street as Elon Musk’s EV manufactured. However, Tesla (TSLA) may be preparing to unleash a potential $10 trillion business that could have the company’s value soaring. The last several weeks have seen the company report its automobile sales have taken a dip. Moreover, it is facing increased pressure from geopolitical tension, driving increased tariffs from US President Donald Trump. However, the most promising aspect of its ongoing growth trajectory may have nothing to do with cars after all. Source: Investopedia Also Read: Elon Musk Says Tesla (TSLA) Will Pass 5 Largest Companies: Here’s Why Tesla Eyeing $10 Trillion Business as Stock Bets on Big Turnaround In early December of last year, Tesla shares had reached an all-time high price. With Elon Musk joining Donald Trump on the campaign trail, a position in the incoming government was all but assured. That pushed the EV company to re...

Dogecoin has had an eventful 2024, with the token encountering significant highs followed by some depressing lows. However, things started to shift dramatically when Elon Musk announced the launch of the D.O.G.E. department, which the internet sleuths touted as an organization taking inspiration from Dogecoin itself. As Dogecoin continues to bank on this novel surge, will it continue to reach higher price realms? One analyst claims so. Also Read: Ripple Year End Price Prediction: Is XRP Claiming A New High Soon? Dogecoin to Surge 570%? Here’s How Source: Bitcoinist Dogecoin is currently one of the most trending crypto coins in the space. The token has had a significant 2024 with new developments taking it to new highs. The new political regime change in the US contributed majorly to the recent Dogecoin surge, especially when Musk and Ramaswamy’s Department Of Government Efficiency, or D.O.G.E, was announced as the new department tracking governmental spending and expenses. Such lu...

Tesla relocated 11,509 bitcoins, valued at $770 million, to new addresses. This marks Tesla’s first Bitcoin transaction since selling most holdings in 2022. Tesla remains the third-largest Bitcoin holder among public companies after MicroStrategy. Tesla, the electric vehicle giant led by Elon Musk, has recently relocated its entire Bitcoin (BTC) treasury, consisting of 11,509 bitcoins valued at approximately $770 million, to multiple new addresses. This significant move was reported by analytics firm Arkham Research, which tracked the on-chain data associated with the transactions. First time Tesla is touching its Bitcoin stockpile The transfer of bitcoins marks Tesla’s first interaction with its crypto wallets since 2022 when the company sold off the majority of its holdings. The series of transactions occurred within a single hour and was preceded by six test transactions, indicating a strategic approach to the relocation. At its peak, Tesla...

Len Sassaman, Adam Back, and Nick Szabo are favorites on Polymarket to be revealed as enigmatic Bitcoin creator Satoshi Nakamoto in an HBO documentary tonight. The HBO documentary , “Money Electric: The Bitcoin Mystery,” will air tonight at 9:00 p.m. ET. Cullen Hoback , the investigative filmmaker behind the documentary, teased that Nakamoto’s true identity may finally be revealed in documentary. Slim Odds That Elon Musk Or Craig Wright Might Be Satoshi Nakamoto A market titled, “Who will HBO doc identify as Satoshi” has been created on Polymarket in the build up to the upcoming film. As of 2:40 a.m. EST, more than $13 million has been wagered on the decentralized platform. Sassaman is currently the favorite, with the odds of him being revealed as Bitcoin’s elusive creator standing at 15%. Back is in second place with more than 12% of the votes, while Szabo’s odds stand at 10%. There is also speculation that tech billionaire Elon Musk is ...

Dogecoin and Elon Musk have a long history together. So every positive news regarding Elon Musk and Twitter gives a boost of adrenaline to DOGE’s price. As Watcher.Guru reported earlier, Twitter has begun applying for regulatory licenses to enter the payment business in the US. The acquisition of Twitter by Elon Musk has been creating headlines in 2022, as the $44 billion acquisition had been dragging on for various reasons. The latest news that surfaced also means that Twitter is diversifying itself to add a new revenue source. Read more: ChatGPT: Can it Pave the Way for a Crypto ETF Creation? Elon Musk has been forever an avid supporter of Dogecoin . He has frequently shown support for the meme coin, and his positive tweets about DOGE also caused a short-lived hike in DOGE’s price. Musk’s acquisition of Twitter also had a great impact on its price, which soared by over 100% in anticipation of its incorporation into Twitter . Now, post the new announcement, Dogecoin s...

Tesla CEO Elon Musk has said that he is still open to the idea of eating a happy meal on live television, given that McDonald’s accepts Dogecoin (DOGE) as payment. The billionaire made the statement in 2022, but McDonald’s has yet to follow through on its part. Today, the claims surfaced again as McDonald’s received a reply to its Tweet from the Tesla boss. The fast food chain asked its followers what it missed. Musk responded with an “oh hi lol.” Musk’s response got a reply from the Dogecoin -focused page “DogeDesigner,” who asked the billionaire if his offer of eating a happy meal on live television was still open. Musk replied with a “100,” meaning yes. 💯 — Mr. Tweet (@elonmusk) January 27, 2023 What’s most interesting is that McDonald’s replied to Binance’s response on its tweet with “wagmi.” “Wagmi” is a cryptocurrency abbreviation for “we...

The Bitcoin [BTC] mining industry has been quite controversial. The amount of energy required to mine Bitcoin is a concerning matter. However, with time, miners began finding sustainable methods to mine digital assets. Now, BTCmining has shown signs as one of the most sustainable industries across the globe. The Q4 2022 report shared by the Bitcoin Mining Council [BMC] highlights how Bitcoin’s sustainable electricity mix has improved. It should be noted that BMC represents 48.4% of the global BTC mining network. According to the council, the global Bitcoin mining industry’s sustainable electricity mix rose to 58.9%. This comes in coordination with the hash rate that noted a 45% increase YoY in Q4 2022. Additionally, Michael Saylor took to Twitter to note how BTC’s technological efficiency improved by 16%. He tweeted, In Q4, 2022 #Bitcoin hash rate increased 45% YoY and efficiency improved by 16%. Join us at 5pm EST today (https://t.co/JYoIt71Bms) as we pre...