In the last 30 days, Elon Musk tweeted many times about the Dogecoin cryptocurrency, showing his clear intention to support Dogecoin, to bring benefits to the Dogecoin cryptocurrency amid the high bullish sentiments.
Elon Musk is one of the biggest fans of the Dogecoin cryptocurrency and has been endorsing Dogecoin since 2020. Under his influence, Dogecoin surged 300-fold in the 2021 cryptocurrency bull run.
In recent years, Musk has not tweeted directly about Dogecoin to show his direct support, but in recent weeks he has started talking about Dogecoin more frequently, directly and indirectly.
10 days ago, Musk tweeted, āDogecoin is inevitable,ā to show his full support for Dogecoin.
The image attached by Musk in this tweet is similar to his tweet from 4 years ago, where he openly said “It (Dogecoin) is inevitable.”
A couple of days ago, Musk also shared a photo to confirm that he is the Dogefather.
However, Musk openly supports Dogecoin but at the same time does his best to protect himself from any kind of crypto endorsement accusations. In a response tweet, Musk indirectly said that DOGE (department of government efficiency) is not afraid of storms.
doge department
This year, Musk created a new group called DOGE (department of government efficiency). Under the leadership of the CEO of Tesla, the Doge department aimed to achieve a better level of efficiency in the work system of US government agencies and eliminate people who do nothing in order to reduce expenses and make the US economy progressive.
This new department will be dismantled by its management in mid-2026.
Dogecoin access to smart contract feature
In the latest developments, Flare’s FAssets were introduced to the Songbird network. With the help of Songbird Network, traditional cryptocurrencies like Dogecoin can access smart contract functionality. Through an overcollateralized bridging mechanism, FAssets minimize trust and security risks.
Also read: The US state of Florida will invest $1.85 billion in Bitcoin ($BTC)