Largest Dogecoin Holder Transfers $280M In DOGE, Is It Elon Musk?

2022-12-20 13:06

The Dogecoin price is currently experiencing a rather underwhelming week. Within the last seven days, the DOGE price has dropped by around 15%. The sell-off was reignited yesterday after a vote on Twitter revealed that Elon Musk is set to step down from his role as Twitter CEO.

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X has lost more than half its value since Elon Musk bought it last year

X, formerly known as Twitter, has seen its value fall significantly since Elon Musk bought it for $44 billion a year ago. According to an Oct. 30 report from The Verge that cited internal documents, X employees were recently granted company equity worth $45 per share with the company valued at $19 billion — 55% lower […] The post X has lost more than half its value since Elon Musk bought it last year appeared first on CryptoSlate.

2023-10-31 01:00