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Elon Musk, Tesla, SpaceX sued for $258 bn over alleged Dogecoin pyramid scheme

In a complaint filed in federal court in Manhattan, plaintiff Keith Johnson accused Musk, electric car company Tesla Inc and space tourism company SpaceX of racketeering for touting Dogecoin and driving up its price, only to then let the price tumble.

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Elon Musk's Twitter buyout sends Dogecoin soaring by over 30% within hours

Twitter has accepted the buyout offer by Elon Musk and the Dogecoin community is rejoicing in the decision. The proof - loads of money that has been pumped into the meme coin since the announcement of the takeover.

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Should you buy Dogecoin? One big reason why you should not

Should you buy Dogecoin? One big reason why you should not
Should you buy Dogecoin? One big reason why you should not
Dogecoin has gained unprecedented fame in the past couple of weeks. With this, the cryptocurrency market value is fluctuating like never before, and not many are sure what to do about it. Here are some insights that might help.
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(Image: Twitter/ Next Hedge)
Since then, it has mostly been a low cost, simple solution for crypto-related work.
Dogecoin touched a market value of $50 million earlier this week.
Dogecoin is the protagonist of a cryptocurrency tale that no one could have predicted beforehand. As the fame of the meme cryptocurrency grew, its market value dwindled in the last couple of weeks like a candle flame in the wind. It experienced an unimaginable high and came crashing down soon after.

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