welcome
Benzinga

Benzinga

Business

Business & Economics

Elon Musk categorically rules out idea of U.S. government using Dogecoin

Benzinga
Summary
Nutrition label

61% Informative

Elon Musk categorically ruled out the idea of the U.S. government using Dogecoin (CRYPTO: DOGE ) on Sunday .

Musk 's initiative, the Department of Government Efficiency , makes a playful reference to the meme -based cryptocurrency.

Musk has previously warned investors against investing in meme coins like Dogecoins to casino games.

VR Score

51

Informative language

48

Neutral language

10

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links