
Dogecoin Takes a Nosedive: Why Elon Musk’s Latest Move Won’t Save It
Dogecoin’s value fell 6% in 24 hours, outperforming Bitcoin and Ethereum’s smaller dips. Elon Musk’s comments dashed hopes of Dogecoin’s governmental integration with his “D.O.G.E.” initiative, which focuses on government efficiency. Despite interest from financial players like Bitwise and Grayscale, Dogecoin’s price