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Elon Musk’s Dogecoin Gamble: Deep Cuts, Deeper Pockets, and a Storm of Criticism
Elon Musk’s Dogecoin Gamble: Deep Cuts, Deeper Pockets, and a Storm of Criticism
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Elon Musk’s latest Dogecoin maneuvers are making waves—and not the kind that thrill crypto purists. The billionaire’s ’big cuts’ to Twitter’s workforce freed up cash to double down on DOGE, sparking both admiration and outrage.
Big Money, Bigger Backlash: While Musk’s tweets can still send DOGE soaring 20% in an hour, regulators and traditional finance types are sharpening their knives. ’It’s not a currency, it’s a meme with a market cap,’ scoffed one Wall Street analyst—between sips of a $28 artisanal latte.
The Verdict: Love it or hate it, Musk’s crypto playbook is rewriting the rules. Just don’t ask your 401(k) to approve.
In the first 100 days of President Trump’s second term, Elon Musk has accumulated significant influence, leading efforts to close agencies and workforce reduction. His aggressive leadershi... Read More
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