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Elon Musk Is Hit With a $258 Billion Lawsuit For Promoting Dogecoin

Elon Musk has been a long-standing supporter of Dogecoin (DOGE), with the man behind Tesla Inc. and SpaceX frequently turning to Twitter in support of the meme coin.

The support has been so significant that Tesla Inc. and SpaceX accept DOGE for merchandise payments.

Elon Musk’s tweets and commentary have delivered frequent DOGE price moves. Gains in response have been short-lived, however, with the crypto winter pegging DOGE back from any sustainable breakouts.

Read the source article at Yahoo Finance

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