Recently, the artist who made the unique graphics for Dogecoin sent out a warning. This brings up an important point: Elon Musk and his businesses have nothing to do with any bitcoin exchanges or tokens.
The Dogecoin visual artist, whose X handle is cb_doge, has said once more that Elon Musk has nothing to do with any cryptocurrency or token exchange. He has talked about coins on social media before. He is famous for being the CEO of Tesla and SpaceX. As early as 2019, Musk, who calls himself “The DogeFather,” began talking about Dogecoin.
His online comments about different cryptocurrencies, like Dogecoin, often caused price declines and increased interest among the public. Because of his power, the tech tycoon might be able to start his own coin, but this has not happened yet.
Musk’s Crypto Stance
Even though He is very interested in digital assets, he always says that his companies have nothing to do with making or supporting crypto coins.
In November, Musk made it clear that none of his “companies will ever create a crypto token.” This was in response to a post that claimed that his company, xAI, was not connected to the meme coin xAI Corp (XAI).
Musk has not started a cryptocurrency, and neither have any of his businesses. However, Tesla does accept Dogecoin as payment for some items. Dogecoin is now accepted on Tesla’s payments page, thanks to a recent change.
But the important warning from the person who made Dogecoin, along with his claims, has weight in the cryptocurrency market. It stops rumors which are not true and makes sure that buyers make choices based on correct information.
