Dogecoin Rallies 7% This Week, But Is It a Buy? Experts Weigh In

Dogecoin has seen a 7% surge this week, reaching the $0.10 mark. While some traders believe this signifies a bullish trend, opinions are divided. Altcoin Sherpa suggests Dogecoin is a ‘buy and hold’ asset, while data from IntoTheBlock shows increased large transactions and a majority of holders remain profitable. Elon Musk’s playful social media post also contributed to the price rise.

Trump Praises Elon Musk’s Work on X, Calls Him ‘Fantastic Guy’ and ‘Brilliant Person’

Former President Donald Trump has expressed his admiration for Elon Musk’s work on X (formerly Twitter), calling him a ‘fantastic guy’ and a ‘brilliant person.’ Trump praised Musk’s efforts to restore a certain voice on the platform and reflected on his own experiences with social media, including his recent venture, Truth Social. This public praise comes amid Trump’s ongoing challenges with social media platforms and his own efforts to regain his online presence.

Former Tesla Exec: Kamala Harris’ Presidency Could Be Better for Tesla Than Trump’s

Rohan Patel, a former Tesla executive, believes Kamala Harris’ presidency would be more beneficial to the EV giant’s long-term success than Donald Trump’s, despite Elon Musk’s support for the former president. Patel argues that Harris would be better for Tesla’s core business of EVs and storage, though he acknowledges that neither party has been particularly effective in advancing autonomous vehicle technology. He contrasts Trump’s approach, which he believes would slow down sustainable energy and transportation advancements.

Elon Musk’s Twitter Poll Sparks Debate on 2024 US Presidential Election

Elon Musk, CEO of Tesla and SpaceX, stirred controversy by launching a Twitter poll asking his followers to choose between Kamala Harris and Donald Trump as the next US President. The poll, despite being labelled ‘unscientific,’ saw a significant number of users participating and engaging in discussions, with Trump garnering a majority of votes. This poll comes in the wake of Musk’s recent interview with Trump on Twitter’s audio platform, Spaces, where they discussed various issues, including immigration.

Elon Musk Forecloses on Los Angeles Home He Helped Filmmaker Purchase

Elon Musk is foreclosing on a Los Angeles home he previously helped filmmaker Jordan Walker-Pearlman purchase in 2020. While Musk provided most of the funds for the $7 million purchase, the couple has fallen behind on their $6.7 million loan, leading to the foreclosure process. Despite the situation, Walker-Pearlman emphasizes the positive impact of Musk’s generosity and maintains that the couple is cooperating with him. The foreclosure comes amidst Musk’s own fluctuating real estate decisions, including his previous vow to sell all his possessions and subsequent purchase of a mansion.

Dogecoin Surges After Elon Musk’s AI-Generated Meme

Dogecoin experienced a price surge after Tesla CEO Elon Musk posted an AI-generated image referencing the cryptocurrency on X, formerly known as Twitter. The image depicted Musk with the words ‘D.O.G.E’ standing for ‘Department of Government Efficiency,’ further fueling Musk’s known affinity for the meme coin.

Trump Hints at Ending EV Tax Credit, Open to Musk Cabinet Role

Former President Donald Trump has hinted at potentially ending the $7,500 tax credit for electric vehicle purchases if re-elected. He also expressed openness to appointing Elon Musk to a cabinet or advisory role. This news comes amidst a strengthening relationship between Trump and Musk, raising questions about the future of the EV industry and the potential impact on Tesla.

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