Elon Musk Announces Major Shift from Dogecoin Investments in May

In a surprising turn of events, billionaire entrepreneur Elon Musk has declared that he intends to significantly reduce his involvement with Dogecoin, the cryptocurrency that has gained immense popularity partly due to his outspoken support. During a recent statement, Musk shared that starting in May, he would be pulling back from actively promoting and investing in Dogecoin, which has sparked a flurry of reactions among the cryptocurrency community and beyond.

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