Dogecoin is one of the few tokens that breaks the trend, rises almost 0.7%. A Manhattan judge has dismissed a lawsuit alleging that Elon Musk and Tesla manipulated the price of DOGE by abusing Musk’s influence on social media and public statements. Statements cited in the lawsuit included his claims to “become the CEO of Dogecoin,” to put a “literal Dogecoin in SpaceX and fly it to the moon” and that “Dogecoin could become the standard for the global financial system.” Judge Alvin Hellerstein said the statements were “aspirational and inflated,” not factual statements, and that no reasonable investor would rely on them.
