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Despite his support for digital assets, Musk maintains that his companies remain dissociated from any direct involvement in creating or endorsing crypto tokens. made it clear that none of his"companies will ever create a crypto token" in response to a post that dissociated his company xAI from meme coin xAI Corp .It is worth mentioning that while neither Musk nor any of his companies have ever launched a cryptocurrency, Tesla does accept Dogecoin as payment for some of its merchandise.
However, the crucial reminder from the Dogecoin designer, backed by Musk's statements, seems crucial for the crypto market as it helps to prevent unfounded rumors and ensures that investors make decisions based on accurate information.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends.
Source: News Formal (newsformal.com)
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