According to U.Today, a recent warning has been issued by the designer behind Dogecoin's well-known graphics, who goes by the handle cb_doge. The designer has stressed that neither Elon Musk nor his companies have any association with cryptocurrency tokens or exchanges. This reminder is in line with Musk's own declarations of non-affiliation with any cryptocurrency or exchange.
Elon Musk, the CEO of Tesla and SpaceX, has been known to tweet about cryptocurrencies, including Dogecoin, since 2019. His posts and remarks about various digital currencies often lead to price surges and increased public interest. Despite this, Musk has made it clear that his companies will not be directly involved in the creation or endorsement of cryptocurrency tokens. In November of last year, Musk responded to a post dissociating his company xAI from the meme coin xAI Corp (XAI), stating that none of his companies would ever create a cryptocurrency token.
It's important to note that while Musk and his companies have never launched a cryptocurrency, Tesla does accept Dogecoin as payment for some of its products. Recently, Tesla's payment page was updated to include Dogecoin. However, the Dogecoin designer's reminder, supported by Musk's own statements, is significant for the cryptocurrency market. It helps to dispel baseless rumors and ensures that investors make decisions based on accurate information.