Dogecoin rose to its highest point in over a week, as Elon Musk requested that a lawsuit filed against him by investors in the meme coin be dropped. The suit claims that Musk operated a pyramid scheme, following his endorsements of dogecoin. Litecoin was another token to climb on Saturday.Dogecoin climbed higher on Saturday after lawyers for Elon Musk requested that a lawsuit filed against him by investors in the meme coin be dropped.
In a statement, Musk’s lawyers said, “There is nothing unlawful about tweeting words of support for, or funny pictures about, a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion.”DOGE/USD – Daily ChartThis came as the relative strength index also briefly moved beyond a resistance of its own at 52.00
At the time of writing this, the index is now tracking at 51.99, with earlier gains in DOGE mostly easing.
Somehow I am not into Doge from the very beginning even I like all the ideas of Elon
🚀
'There is nothing unlawful about tweeting words of support for, or funny pictures about, a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion,' Musk's lawyers said. 'This court should put a stop to plaintiffs' fantasy and dismiss the complaint.'…
Do not have much of it
The Dogefather in action 😎
DOGE to the moon ⁉️
0x2c3dd0bc3adbba95f835b0addc5fbffa87e9fbea
Maybe the Russia-Ukraine war is escalating~
ceo_bsc DOGE
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