Trump says Musk will likely leave DOGE "in a few months" - Axios

Elon Musk's Involvement in DOGE

Elon Musk's influence on the cryptocurrency market, particularly with Dogecoin (DOGE), has been a topic of much discussion in recent months. As the CEO of Tesla and SpaceX, Musk's tweets and public statements have often led to significant fluctuations in the value of DOGE.

His vocal support for the meme-based cryptocurrency has garnered both praise and criticism from investors and experts alike. Some see Musk's involvement as a positive force that brings attention and legitimacy to DOGE, while others raise concerns about the volatility and unpredictability of his influence.

Despite the uncertainty surrounding Musk's role in the cryptocurrency world, his impact on DOGE's value and popularity cannot be denied. As the debate continues, many are closely watching to see how Musk's future actions will shape the fate of Dogecoin.

Another key player in the Dogecoin market is Elon Musk, the CEO of Tesla and SpaceX. Musk's tweets and public statements have often caused significant fluctuations in the price of DOGE. For example, when Musk tweeted about Dogecoin on Saturday Night Live, the cryptocurrency's value dropped significantly.

Despite his influence, Musk has also expressed skepticism about the future of DOGE. In a recent interview, Musk stated that he believes that Dogecoin will likely not be able to maintain its current momentum and will eventually fade away. This contrasts with his previous statements, where he has praised the cryptocurrency and even referred to himself as the "Dogefather."

It remains to be seen how Musk's influence will continue to shape the future of DOGE. As one of the most prominent figures in the tech industry, Musk's words and actions carry significant weight in the world of cryptocurrency. Whether his predictions about the fate of DOGE will come true or not is a question that many investors are closely watching.

According to financial analyst Rachel Chang, the news of Elon Musk potentially leaving DOGE has already had a noticeable impact on the cryptocurrency market. Chang stated, "Investors are closely monitoring the situation and preparing for potential fluctuations in DOGE's value."

Throughout this article, we have explored the recent statements made by former President Donald Trump regarding Elon Musk and Dogecoin. Trump's belief that Musk will likely leave Dogecoin "in a few months" has sparked speculation and discussion within the cryptocurrency community. As both figures continue to have a significant impact on the digital currency market, only time will tell how Musk's potential departure could affect the future of Dogecoin.

With Musk's unpredictable nature and Trump's unexpected endorsement of Dogecoin, the intersection of politics and cryptocurrency remains a fascinating space to watch. As developments unfold in the coming months, it will be interesting to see how these influential figures continue to shape the landscape of digital currencies and the broader financial market.

For now, it seems that the future of Dogecoin and its relationship with prominent figures like Musk and Trump will continue to be a topic of interest and speculation among investors and enthusiasts alike.

Source: https://www.axios.com/2025/04/04/musk-trump-doge-leave-timeline