Dogecoin Resilience Amidst Musk Rumors: How Strong Is Its Market Independence?

Despite rumors circulating about Tesla’s CEO Elon Musk potentially stepping down, Dogecoin has remained relatively unaffected. The memecoin, known for its sensitivity to Musk’s public statements and business endeavors, has shown a muted response to the recent controversy. 24-hour trading between $0.16 and $0.17 underscores this lack of significant volatility, contrasting with broader crypto markets that have been relatively stagnant during the same period.