Dogecoin slides after Elon Musk says he got carried away

Jul 24, 2026 4:11 PM

Elon Musk’s admission that he got "carried away" with politics proves that his involvement in the Department of Government Efficiency was a massive mistake that distracted him from his actual companies. This political detour didn't just waste time; it sent Dogecoin crashing, showing the coin's value is based on nothing but Musk's personal whims. Was Musk’s political phase a failure for his shareholders and crypto fans? Or was it actually necessary? What’s your take?
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