Dogecoin (DOGE) has experienced a substantial price surge, rising 30% over recent days and flipping both XRP and stablecoin USDC to become the sixth-largest cryptocurrency. This jump is largely attributed to renewed endorsements from Elon Musk, which have fueled DOGE’s 88% gain over the past month. Src: Bloomberg The weekend’s price action was also driven …
A Manhattan judge has permanently dismissed a lawsuit accusing Elon Musk and Tesla of manipulating the price of Dogecoin (DOGE) by leveraging Musk’s social media presence and public statements. U.S. District Judge Alvin Hellerstein ruled that Musk’s comments about Dogecoin were “aspirational and puffery,” rather than factual claims, making them unreliable for reasonable investors. Hellerstein …
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