Elon Musk is the CEO of Tesla and SpaceX. On top of that, he's a fan of DogeCoin and recently made that clear again. He once again tweeted about the famous cryptocurrency. Elon Musk and Dogecoin are already an inseparable pair. Musk and Dogecoin - new tweets Musk once again logged onto Twitter to mention DOGE. Despite the news that he might get in trouble for it (we wrote about it here), he still seems to be having a great time. DOGE is a cryptocurrency that represents a meme that was popular a few years ago. It's about a "doggie," or a comforting-looking yellow dog. Musk, who is famous for his rather odd sense of humor, clearly liked the idea behind this digital currency. He clearly has fun reminiscing about it through his tweets. Earlier, he claimed that he wanted to become the CEO of the project. He added that DOGE is "the cryptocurrency of the people". He also wrote on Twitter that DogeCoin could be "the future currency of Earth." Now he has shown off even more creativity. DOGE is an e-god In a new tweet, he stated that "DOGE spelled backwards is Egod." In other words, he suggested that DOGE is an e-god, a deity of the new digital age. Other leading members of the cryptocurrency community pulled this joke and began to reveal other "hidden" meanings of cryptocurrencies. For example, CZ, CEO of Binance, stated that BNB backwards is still... BNB. Another twitterer wrote that Elon backwards is Nole. SEC reportedly investigating Musk's case So Musk clearly wasn't bothered by reports suggesting that the US equivalent of the SEC, the FSA, wants to look into his Twitter activity. After all, Elon Musk and Dogecoin is a connection that is too solid to break. So far, these are just rumors. However, the fact that it could be true is evidenced by the fact that back in late January, the commission warned against investing in assets that are promoted on social media. The SEC's Office of Investor Education and Support warns investors of the high risks associated with short-term investing based on social media, especially in volatile markets, (...). Individual investors may seek to profit from volatile markets by buying individual stocks, including stocks of heavily promoted companies with lower market capitalizations. Some of these stocks may be discussed on social media, as well as on ratings sites, message boards, chat rooms, news aggregators, investment research sites, online investment newsletters, and discussion forums. Joining this fad and following the crowd may seem interesting. However, sometimes following the crowd can lead to high investment losses - can be read on investor.gov, which is managed by the SEC. Tags doge cryptocurrencies musk musk dogecoin musk's tweets
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