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Has Elon Musk Completely Abandoned Dogecoin? Here’s The Last Time He Tweeted About It

Elon Musk’s position within the progress of Dogecoin over time can’t be overstated, because the billionaire served because the cornerstone of the 36,000% rally that caught consideration again in 2021. The assist for the meme coin additionally continued lengthy after this, shifting Dogecoin into the funds sector as effectively. However, following Musk’s acquisition of Twitter (now X) in 2023, his involvement and tweets about the meme coin began to decline, and have turn out to be nonexistent within the final 12 months.

When Did Elon Musk Last Tweet About Dogecoin?

Doing a search on Elon Musk’s account on X reveals that his final tweet instantly mentioning Dogecoin was greater than a 12 months in the past. The tweet, which was made again in November 2024, was explaining why the inflation mechanism used for the cryptocurrency was truly necessary.

According to Musk, Dogecoin having a flat inflation fee was truly a characteristic of its creation and never a bug. This is as a result of the flat inflation fee interprets to a lowering share inflation, and is due to this fact a great factor for the digital asset to have.

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Interestingly, that is the one tweet that talked about Dogecoin instantly that got here up on Musk’s account for the 12 months 2024. Other tweets had been again in 2023, shifting into 2022, when the billionaire was nonetheless very lively in his assist for Dogecoin. But regardless of not mentioning Dogecoin instantly, Musk has continued to subtly show support for the meme coin by endorsing posts about DOGE, in addition to reposting posts made by other X users.

No Sign Of DOGE In X Money

Even although Elon Musk has been vocal up to now in regards to the deserves of Dogecoin as a fee cryptocurrency, the launch of the brand new X Money characteristic might be the ultimate nail within the coffin that means the X proprietor is shifting away from the meme coin. There have been a number of leaks of the X Money characteristic from a closed testing section, however none of them show or mention DOGE getting used within the app.

Earlier within the week, Musk introduced that the corporate was able to launch early public entry for X Money in April. But nonetheless, there was no signal of DOGE. So far, there have been reviews of X Money providing a card, permitting customers to earn curiosity on money, permitting direct deposits, money backs, and simple cash transfers between customers, with the characteristic working like a financial institution. However, there was no point out of DOGE or any cryptocurrencies for that matter.

Even with the launch of the Tip Jar feature, which allowed X customers to ship crypto to different X customers, solely the likes of Bitcoin and Ethereum made the reduce. So far, there was no integration of Dogecoin into X, dashing the hopes that investors had when the billionaire had first acquired Twitter amid the hype.

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