Elon Musk’s Influence on Cryptocurrency: Dogecoin, Market Volatility, and Legal Battles
Elon Musk, the CEO of Tesla and SpaceX, has long been a dominant force in the cryptocurrency market, influencing prices through social media posts and strategic endorsements. From backing Dogecoin to his involvement in government efficiency programs and meme-based crypto trends, Musk's actions have had a profound impact on digital assets. However, his influence has also attracted legal scrutiny, with allegations of insider trading and price manipulation. As the crypto space evolves, Musk remains a central figure in shaping its trajectory.