Musk Clarifies Dogecoin Resignation Rumors

Elon Musk addressed unfounded reports of resignation from his role in the Trump administration. He clarified that he has not stepped down and will only depart once his current responsibilities are completed. His statement on his X platform (formerly Twitter) confirmed this, emphasizing his ongoing work to uncover government inefficiencies. The crypto market reacted quickly to these false claims, experiencing minor fluctuations before stabilizing. This incident highlights the rapid spread of misinformation in the volatile world of cryptocurrency and emphasizes the crucial need for verifying news from prominent figures like Musk.