Elon Musk Exits DOGE Role—Memecoin Markets Hold Breath

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2025-05-29 04:27:23

Elon Musk Bids Adieu During Final Days as Special Government Employee at DOGE

Elon Musk’s tenure as a ’Special Government Employee’ overseeing Dogecoin-related matters has officially ended—just as the crypto world starts questioning whether the joke’s on them. The self-proclaimed ’Dogefather’ quietly stepped away last week, leaving traders to wonder if DOGE’s volatility was ever really under adult supervision.

Market impact? Predictably chaotic. DOGE swung 12% on the news—because nothing says ’stable financial asset’ like a memecoin tethered to billionaire tweetstorms.

Meanwhile, SEC regulators reportedly celebrated with Shiba Inu gifs. Because when your oversight strategy relies on Elon’s whims, you’ve already lost.

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