Tesla CEO Elon Musk denied that Jared Birchall, head of the family office, was on the advisory board of the re-established Dogecoin foundation.
In a recent tweet, Musk writes that neither he, Birchall, nor any of his associates are on the board.
Elon Musk denies Dogecoin claims!
The statement caused a lot of confusion within the meme coin community as it implied that the foundation lied about Musk being affiliated with his team.
The revamped Foundation has announced that it has resumed operations, with Birchall, Ethereum co-founder Vitalik Buterin, and DOGE co-founder Billy Markus joining its advisory board. The addition of Musk’s right-hand man to the board initially aroused no suspicion and was celebrated within the community. Recently predicted to be the first DOGE trillionaire, Musk is known as one of the most vocal supporters of the meme coin.
By the way, according to the official website of the institution, the composition of the board remains the same.
Last month, the foundation showed its teeth by threatening legal action against copycat Dogecoin 2.0 (DOGE2) to protect its cryptocurrency brand.
DOGE overshadows SHIB
SHIB is currently trading at $0.00004249 with growth rates of 53.71 percent in the last 24 hours and 67.43 percent in the last week, as Bitcoin seeks support in the $61,000 region and Ethereum tries to hold above $4,000. cryptocoin.com You can access Sarah Tran’s DOGE and SHIB analyzes here.
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