
April 18th, 2025
Markus has also recently claimed that he does not invest in crypto anymore.
Following the crypto market sell-off that has been sustained in the past two months, the Doge price is down approximately 88.4 percent from its ATH.
Tesla CEO Elon Musk has raised concerns over a recent deepfake video of him attempting to market a rewarding crypto investment scheme.
Doge has shown a correlation with the stock market as the rest of the crypto assets. The ongoing sell pressure has been fueled by both macroeconomics and geopolitical tensions.
Dogecoin is currently trading at $0.075, which is a 27% pullback in the last 24 hours and more than 90% fall from its all-time high.
Roger Ver has come out of a year-long Twitter hibernation in order to tout the alleged benefits of Dogecoin.
Shortly after Elon Musk’s buyout, Twitter posted Q1 2022 earnings report revealing a 16% increase in revenue and 15.9% increase in mDAUs.
Among other things, Bluesky has explained that Elon Musk taking over Twitter does not affect its operation or independence.
Dogecoin price benefited largely from the Elon Musk Twitter takeover, as the billionaire now looks to take company private.
There are speculations that the price drop is traceable to further tension from Russia’s invasion of Ukraine and also the US Federal Reserve interest adjustment policy.
Since the launch, the Gemini credit card has recorded over 500,000 signups on its waitlist.
Tenev stated that Dogecoin’s throughput is about 40 transactions per second, based on a 1MB block size and a minute block time.
Musk has shown how much value he places on meme coins with his advocacy for Dogecoin to be added as a payment option to the social media giants’ exclusive services.
Robinhood said that it will be activating crypto wallets for its 2 million waitlisted customers widening its wallet access and crypto transfers.
With the addition of the meme coin to the Bitcoin ATM operator chain, people have started taking Dogecoin more seriously.