Dogecoin

ELON Coin

Elon Musk

<figure>
 <figcaption>
  Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<p dir="ltr">Known as two of the most active personalities on the X social media platform, Elon Musk and Dogecoin cofounder Billy Markus have&nbsp;<a href="https://x.com/BillyM2k/status/1816004910628102480" rel="noopener noreferrer nofollow">set</a> the crypto ecosystem on fire with a new post about the truth.</p>
<h2 id="dogecoin-founder-s-take-on-truth">Dogecoin founder's take on "truth"</h2>
<p dir="ltr">According to Billy Markus, he said that what people wish to hear is actually often a lie. Though Markus is a public figure who wades into diverse social discussions, it remains unclear what the origin of this particular post was. However, he noted that what people generally want to hear most of the time is "an overly simplistic, non-nuanced version of what they want to be true."</p>
<p dir="ltr">The post has garnered significant reactions on X, with Elon Musk reacting to it with a bull's eye dart sticker.&nbsp;</p>
<blockquote>
 <p lang="qme" dir="ltr" xml:lang="qme">🎯</p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1816051986371858822?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 24, 2024</a>
</blockquote>
<p dir="ltr">This proves he agrees with the Dogecoin founders’ stance. Many in the crypto community are already personalizing this post to show how much scammers have lied to score investments from the community.</p>
<p dir="ltr">One of the hard-to-swallow subjects is whether <a href="https://u.today/dogecoin-doge-market-cap-back-above-20-billion-while-wif-posts-double-digit-gains" rel="noopener noreferrer nofollow">Dogecoin</a>, for instance, can grow to become a major currency used around the world. Despite massive support for the coin from both Markus and Elon Musk, its chances of attaining this epic milestone remain in significant doubt.</p>
<h2 id="hard-road-ahead-for-crypto">Hard road ahead for crypto</h2>
<p dir="ltr">If there is one truth the crypto community will need to live with, it is that there is a harsh ride ahead for the market. However, things are gradually shaping up, with the launch of spot Bitcoin ETF products earlier this year. This week, the&nbsp;<a href="https://u.today/ethereum-etfs-debut-with-very-solid-inflows" rel="noopener noreferrer nofollow">Ethereum ETF</a> also hit U.S. stock exchanges, underscoring how far the industry has come.</p>
<p>However, for coins like&nbsp;<a href="https://u.today/15-trillion-asset-manager-bullish-on-solana-sol" rel="noopener noreferrer nofollow">Solana</a>, XRP and Dogecoin to attain similar ETF milestones, as many are projecting, there is an obviously hard road ahead. This is masked by broader institutional adoption and regulatory allowance.</p>

Elon Musk and Dogecoin Founder Stun Crypto Community With Posts About Truth

Table of Contents

U_Today

Other articles published on Jul 24, 2024

SHIB Burns Soar out of Red in Single Hour, With Massive SHIB Lump Scorched

Light & Shadow Introduces Crypto Features and Benefits for Real Estate Investors

Chairman of Russian State Duma’s Financial Market Committee, Anatoly Aksakov, Labels ‘Hamster Kom...

Most Trending Cryptocurrencies on Polygon – PERI Finance, Ecet Token, Finance Vote

Binance Coin (BNB) Prediction for July 24

MoonBag’s Path to Success: Comparing Early Gains with Arweave’s Developments

Join our free newsletter for daily crypto updates!