A Dogecoin contributor clarifies the misconception that Elon Musk owns a significant portion of the cryptocurrency, shedding light on the role of Robinhood in Dogecoin's popularity.
, a notable Dogecoin contributor and developer, addressed widespread speculation regarding Elon Musk 's purported holdings of the popular cryptocurrency. Dismissing the notion that Musk owns a significant portion of Dogecoin , Mishaboar shed light on what was once a prevalent misconception during the previous bullish market cycle.Mishaboar highlighted a crucial piece of misinformation that circulated during the peak of Dogecoin 's popularity.
However, the developer clarified that this whale was actually the cold wallet of an exchange, specifically Robinhood, containing holdings belonging to its users. Yeah, that is correct. I think Robinhood's role in Dogecoin's popularity during the past bull market cannot be underestimated. But to their credit, also Binance helped propel Doge with their much earlier listing .enthusiast emphasized the importance of conducting independent research and cautioned against blindly trusting authority figures or market leaders.
Responding to a follower's inquiry about the Tesla founder and CZ's relationship, Mishaboar hinted at discord between the two figures, with Musk raising concerns about Dogecoin withdrawals on Binance through cryptic tweets.Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.The AI-Based Smart Contract Audit Firm "Bunzz Audit" Has Officially Launched
Dogecoin Elon Musk Cryptocurrency Robinhood Misconception Popularity
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DOGE Developer Drops Key Clarity on Elon Musk Grok AI's Dogecoin RevelationDogecoin community's attention drawn to speculative Grok AI statement
Read more »
Elon Musk Cancels Don Lemon’s Twitter Show Before Premiere Featuring Elon MuskFormer CNN star Don Lemon's Twitter show was canceled by Elon Musk after his interview for the premiere episode
Read more »
DOGE Price Skyrockets as Musk Breaks Silence on Dogecoin for Tesla PaymentsDogecoin (DOGE) sees meteoric rise as Elon Musk hints at potential Tesla payments
Read more »
Elon Musk Hints Dogecoin Payment For Teslas ‘At Some Point’—Meme Currency SoarsI am a senior reporter for the Forbes breaking news team, covering health and science from the London office. Previously I worked as a reporter for a trade publication covering big data and law and as a freelance journalist and policy analyst covering science, tech and health.
Read more »
“New Gold”: Dogecoin Founder Responds to Elon Musk’s Tweet, Hinting at BitcoinOne of two Dogecoin creators has responded to X owner’s tweet about what’s coming to replace gold and other traditional valuables
Read more »
Elon Musk Triggers Reaction From XRP and Dogecoin Community With Intriguing TweetElon Musk, CEO of Tesla and SpaceX, has once again captured attention of cryptocurrency community
Read more »