Is Elon Musk Playing a Billionaire’s Crypto Experiment?
Originally launched as a parody of crypto speculation, Dogecoin has since become the kind of speculative asset it was meant to mock — largely due to Elon Musk’s influence. His social media activity and public endorsements have played a central and ongoing role in shaping DOGE’s trajectory.
BeInCrypto spoke with Erwin Voloder, Head of Policy of the European Blockchain Association, to discuss how Musk blurred the lines between parody and promotion, leading people to assign real-world value to a meme and generating ethical concerns along the way.
The Genesis of Dogecoin
Toward the end of 2013, software engineers Billy Markus and Jackson Palmer joined forces to create Dogecoin, the first meme coin in crypto history. Its primary…
