- The biography of Elon Musk is all set to be published later this month, with a key mention of his connections with Dogecoin.
- According to the WSJ (Wall Street Journal), Musk’s biography will also have salient information about his new Social media platform based on blockchain.
The biography of Elon Musk is an enticing option for many, and the recent disclosure by the Wall Street Journal about Musk’s connection with Dogecoin as an Angel Investor or internal policymaker has only added to the soaring buzz of it. Elon Musk has, from time to time, mentioned and promoted Dogecoin on Twitter or elsewhere, keeping the quirky, satirical tone intact almost always.
Musk’s Push in the Rise Of Dogecoin
To the outside world, it always looked like Mr. Musk was a mere supporter and promoter of Dogecoin, just out of his hunch for humor and the pleasure he got from mocking the speculations in the crypto world. Dogecoin was started in lightheartedness as a ‘joke’ and an alternative to Bitcoin in 2013. It was inevitable that Elon Musk would find the premise of Dogecoin quite enticing and worthy enough to mention it persistently, boosting it to become one of the top tiers in the crypto ecosystem.
Speculation thus started among various factions about Musk’s involvement in the internal system of Dogecoin. Binance CEO Changpang Zhao ‘CZ’ has spoken quite overtly about Musk’s illicit involvement in keeping Dogecoin relevant and running. Musk was accused of market manipulation and illegal insider trading for his connections with Dogecoin, resulting in a lawsuit against him. Many crypto players believed in the direct involvement of Elon Musk with Dogecoin. Netizens have also speculated about Musk having a large stake in the Dogecoin project.
Elon Musk is often labeled as ‘Doge father’ and he accepts this nemesis with pride without any literal inference to be drawn regarding his involvement. Probably he is trying to come out clean this time about his involvement with Dogecoin, giving netizens much-needed closure after all.
What More to Expect from Musk’s Biography?
Word on the street is about a new Social Media platform to be launched by Elon Music that is blockchain-enabled and will have Dogecoin as its authorized payment partner. The mention of it in the biography can probably shed some light on its execution and application in the Web3 interface.
After acquiring Twitter and then rebranding it to X, Elon Musk has hinted at a takeover of the World’s financial system with X. Probably the new blockchain-based Social media platform is going to help the case. The concept and Idea of a blockchain based Social media platform were initially proposed to Elon Musk by his brother Kimbal. Apart from this biography, there will also be mention of Elon Musk’s failed collaboration with former crypto magnate Sam Bankman Pride.
Conclusion
Looking at the buzz, one can safely infer that this biography is all set for some interesting revelations about the broader crypto ecosystem, along with the likes of Dogecoin.
