Top Crypto Influencers Ask Elon Musk Not to Shut Down D.O.G.E. in 2026

12/03/2024 17:39
Top Crypto Influencers Ask Elon Musk Not to Shut Down D.O.G.E. in 2026

Elon Musk stuns top crypto community members with plans to close down D.O.G.E. in less than two years

Elon Musk stuns top crypto community members with plans to close down D.O.G.E. in less than two years

Top Crypto Influencers Ask Elon Musk Not to Shut Down D.O.G.E. in 2026

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Tech billionaire Elon Musk has triggered the crypto community by saying that in the summer of 2026, the new venture created by the newly elected US political leader – the Department of Government Efficiency, which Musk runs together with another big entrepreneur Vivek Ramaswamy and prefers to call it D.O.G.E. - will be closed down.

The crypto community and many of its top members on X responded to that tweet, asking the Tesla CEO not to do that since they believe les than two years will not be enough to solve all the tasks set for this organization.

Related

2,020,624,700 SHIB in Just One Hour – What's Going On?

D.O.G.E. will "delete itself": Elon Musk

Musk retweeted a recent post published by his partner in the D.O.G.E. venture Ramaswamy. What the entrepreneur wrote was: “Most government projects should come with a clear expiry date. That’s why we set one for @DOGE.”

The shutdown date for D.O.G.E. has been set for July 4, 2026 – as a commentator pointed out, it will be also the 250th anniversary of America becoming independent of the British Empire.

Crypto community asks Musk to give D.O.G.E. more time

However, many crypto enthusiasts and Dogecoin lovers, who half-seriously associate D.O.G.E. with the original meme cryptocurrency, began to say that until July 2026 there will be not enough time for the Department of Government Efficiency to solve all the problems to do with the government spending and the national debt.

Sean Ono Lennon (John Lennon’s junior son) wrote: “That’s not enough time! Please give yourself a little more.”

The strategic advisor at Tether, the emitter of the USDT stablecoin, Gabor Gurbacs commented: “2 years won't be enough to permanently reform the U.S. government. We'll need more of a permanent DOGE Ombudsman function.”

Article image
Image via X

The @dogeofficialceo X user published a meme in which he shared an expectation that by July 2026, Dogecoin will finally become the “global reserve currency”, perhaps rather jokingly.

A co-founder of Dogecoin, Billy Markus, known on social media as Shibetoshi Nakamoto, also responded, posting a meme saying: “This message will self-destruct in 3, 2, 1.”

Related

‘Brad Garlinghouse, Ripple Vindicated’: Dan Tapiero on XRP’s 400% Surge

Many crypto influencers, including the aforementioned ones, as well as Robert Kiyosaki, Michael Saylor, have been stressing recently that over the past four years the US debt has been growing at an alarming rate, therefore D.O.G.E. was created.

About the author

article image

Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Related articles

Advertisement

TopCryptoNewsinYourMailbox

TopCryptoNewsinYourMailbox

Read more --->