Elon Musk’s Influence on Dogecoin and His Battle Against Spam on Twitter

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Mischievous billionaire Elon Musk has long ceased making direct posts about Dogecoin and cryptocurrencies. Previously, his serious tweets about Dogecoin significantly influenced its price, but his current indifference now leads to even his indirect posts being ignored.

Elon Musk and Dogecoin

We are on the brink of a new war in the Middle East. Following the last war cabinet meeting, Israel decided to respond militarily to Iran. Various sources indicated a few days ago that an attack on Iran was imminent. Biden and many other world leaders are engaging with the parties to prevent this from escalating into a regional full-scale war.

While all this is happening and gold is making gains exceeding 1% daily, Elon Musk’s agenda includes entertaining posts and efforts to reduce spam. A tweet made by Musk a few minutes ago did not significantly affect the price of Dogecoin.

It seems that the current hot topics are overshadowing Elon Musk. DOGE was signaling new rallies above $0.21, but due to recent negative events, it continues to fluctuate between $0.13 and $0.15.

Can X End the Spam?

Elon Musk‘s main focus today is on eliminating the rampant spam on the social media giant. Bots, spam monsters powered by artificial intelligence, and scammers constantly fishing for victims on Twitter make X unbearable. Especially, the intense spam under posts by new accounts is quite exhausting for users.

X (Twitter) introduced a Premium membership system to combat this issue. Moreover, with the introduction of a pay-per-view feature, bot accounts have evolved into a different realm. While accounts that farm views and overwhelm Twitter with AI-powered comment responses are currently unstoppable, Elon Musk believes that charging a small fee for new accounts to make posts could be beneficial.

It appears that accounts without certain activity or history, or those created immediately after the rule implementation, will not be able to post without paying a fee and will remain as readers only.