1. BITBILIHome
  2. Article

Dogecoin community rallies behind Elon Musk and X in battle against ADL 

• 29 views

TL;DR Breakdown

  • Dogecoin community rallies behind Elon Musk and X against ADL’s perceived threat to free speech.
  • Musk prepares to file a defamation lawsuit, and a Change.org petition gains traction as DOGE’s price rebounds amid the controversy.

Description

The Dogecoin community stands firmly behind tech entrepreneur Elon Musk and the newly rebranded X (formerly Twitter) in their ongoing battle against the Anti-Defamation League (ADL) over free speech issues. The controversy revolves around allegations that ADL’s actions have negatively impacted advertising revenue on the platform, prompting Musk to consider a defamation lawsuit against the … Read more

The Dogecoin community stands firmly behind tech entrepreneur Elon Musk and the newly rebranded X (formerly Twitter) in their ongoing battle against the Anti-Defamation League (ADL) over free speech issues. The controversy revolves around allegations that ADL’s actions have negatively impacted advertising revenue on the platform, prompting Musk to consider a defamation lawsuit against the international Jewish non-governmental organization.

Elon Musk has vocally criticized the Anti-Defamation League, alleging their pressure on advertisers has led to a decline in advertising revenue. He claims this is a direct result of the ADL’s influence on businesses to distance themselves from platforms that don’t align with their views or policies. Musk’s response has been to consider legal action against the ADL, claiming that their actions infringe upon the principles of free speech.

Contents
hide

1
The Dogecoin community stands with Musk and X

2
Elon Musk’s defamation lawsuit

3
DOGE price recovers amid community support

4
Conclusion

The Dogecoin community stands with Musk and X

The Dogecoin community, known for its enthusiastic support of Musk, has rallied behind him and X in their fight against the ADL’s alleged interference with free speech. Musk has consistently advocated for free expression on the platform, and the Dogecoin community shares his commitment to this principle.

Dogecoin co-founder Billy Markus, often known as Shibetoshi Nakamoto, and DogeDesigner have supported Musk and X in their battle against censorship. Musk has urged the Dogecoin community to voice their disagreement with any attempts to limit free speech on the platform.

To stop what they see as ADL’s attempts to censor free speech, a Change.org petition has been initiated. Elon Musk has thrown his support behind this petition, promising to restore free speech on X. The petition has garnered significant attention and has been shared by prominent members of the Dogecoin community.

Elon Musk’s defamation lawsuit

In a bold move, Elon Musk is preparing to file a defamation lawsuit against the Anti-Defamation League. Musk has vowed to release all relevant data related to the ADL and other organizations pushing for censorship on the X platform as part of this legal action. This legal battle underscores Musk’s commitment to defending the principles of free speech and challenging what he perceives as undue influence by external entities.

DOGE price recovers amid community support

Amid the growing show of solidarity from the Dogecoin community and Musk’s determination to fight for free speech, the price of Dogecoin (DOGE) has notably recovered. The price of DOGE has experienced a 1% recovery in response to the community’s support for Elon Musk and X in their struggle against the ADL. As of the latest data, DOGE trades at $0.063, with a 24-hour trading range between $0.0624 and $0.0637.

Although the trading volume had been relatively low due to concerns in September, recent developments have sparked a 10% increase in trading activity over the past 24 hours. This uptick in trading volume suggests renewed interest from traders and investors closely monitoring the situation.

Conclusion 

The Dogecoin community’s unwavering support for Elon Musk and X in their battle against the Anti-Defamation League showcases the importance of free speech principles in the digital age. Musk’s determination to defend these principles, even through a defamation lawsuit, has reinvigorated the DOGE market, leading to a price recovery and increased trading volume. The ongoing developments highlight the power of cryptocurrency communities to rally behind causes they believe in and influence the broader discourse on free speech in the digital realm.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Dogecoin community rallies behind Elon Musk and X in battle against ADL 

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年9月5日 18:53
Next 2023年9月5日 21:16

Related articles

  • U.S. and Philippines unite against crypto – Details

    TL;DR Breakdown The Philippines Securities and Exchange Commission (SEC) collaborates with the U.S. and the Asian Development Bank to combat crypto-related crimes. A special IOSCO Investigation and Enforcement Training workshop was held in August to boost the Philippines SEC’s crime investigation skills. The Philippines SEC has ratified the IOSCO Multilateral Memorandum on crypto crime and seeks stronger enforcement laws. Description In a strategic move to counter the rising tide of financial crimes in the crypto world, the Philippines Securities and Exchange Commission (SEC) has enlisted the support of the United States and the Asian Development Bank. Their combined mission? To hone their capabilities and tools to prevent fraud and scams, especially those rampant in the … Read more In a strategic move to counter the rising tide of financial crimes in the crypto world, the Philippines Securities and Exchange Commission (SEC) has enlisted the support of the United States and the Asian Development Bank. Their combined mission? To hone their capabilities and tools to prevent fraud and scams, especially those rampant in the world of digital currency. Building A Strong…

    Article 2023年9月21日

  • Top crypto tweets of the day – August 30th

    Description Contents hide 1 Bitcoin’s exchange supply was boosted significantly just prior to Grayscale’s win 2 DCG claims to have reached an in-principle agreement on its debt 3 ETF approval could open the floodgates and allow the everyday investor to get bitcoin 4 Total global wealth in terms of Bitcoin 5 Bitcoin fear and greed index … Read more Contents hide 1 Bitcoin’s exchange supply was boosted significantly just prior to Grayscale’s win 2 DCG claims to have reached an in-principle agreement on its debt 3 ETF approval could open the floodgates and allow the everyday investor to get bitcoin 4 Total global wealth in terms of Bitcoin 5 Bitcoin fear and greed index is 49 — neutral 6 Art NFTs have been the best-performing ETH NFT sector since 2022 7 Bitcoin ETF conversion of GBTC could draw “massive adoption” 8 Friend.tech loses growth steam 9 GBTC continues to narrow down 10 Traditional Finance players are gradually joining the crypto bandwagon 11 Over 92 million Worldcoin tokens set for unlock 12 OpenAI’s posts 37x growth in revenue 13 Whales &…

    Article 2023年8月31日

  • SEC Commissioner’s recent controversial statement on crypto laws shake the industry

    TL;DR Breakdown U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, argued against regulating all aspects of the technology solely from a financial perspective, emphasizing that cryptocurrencies have various use cases beyond finance. She advocated for a balance between providing sufficient clarity within the legal framework and avoiding excessive rigidity that fails to accommodate emerging use cases. She highlighted the opportunity for the SEC to reevaluate its perspective on innovation and acknowledged that the current regulatory stance may not be suitable. Description U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, popularly known as “Crypto Mom,” expressed her view that cryptocurrency laws in the United States should take a more cautious and reserved approach In a recent discussion at Australian Blockchain Week. She argued against regulating all aspects of the technology solely from a financial perspective, emphasizing … Read more U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, popularly known as “Crypto Mom,” expressed her view that cryptocurrency laws in the United States should take a more cautious and reserved approach In a recent discussion at Australian Blockchain Week….

    Article 2023年7月2日

  • Nigeria grapples with $3 Billion oil debt and fuel subsidy reform

    TL;DR Breakdown Nigeria tackles $3B oil debt and fuel subsidy reform, putting President Tinubu’s administration in the spotlight. President Tinubu lifts price controls, liberalizes foreign exchange, and relies on Dangote refinery amidst economic challenges. Nigeria’s debt crisis and fuel subsidy overhaul attract domestic and international attention. Description Nigeria finds itself at a crucial economic juncture. The country is grappling with a daunting $3 billion oil debt and the imperative of reforming its long-standing fuel subsidy regime. These twin challenges have placed President Bola Tinubu’s administration under the spotlight, attracting domestic and international attention. The mountain of debt and the fuel subsidy conundrum … Read more Nigeria finds itself at a crucial economic juncture. The country is grappling with a daunting $3 billion oil debt and the imperative of reforming its long-standing fuel subsidy regime. These twin challenges have placed President Bola Tinubu’s administration under the spotlight, attracting domestic and international attention. The mountain of debt and the fuel subsidy conundrum Nigeria’s considerable debt, accumulated over the years due to gasoline deliveries from trading companies such as Vitol and oil giants…

    Article 2023年6月27日

  • What has The Ethereum Merge done for institutional investors?

    TL;DR Breakdown One year after Ethereum’s Merge, institutional adoption of ether staking faces challenges. Ethereum validators have risen from 400,000 to 800,000, with 29.4 million ETH in the Beacon smart contract. Lido leads in staked ETH, and centralized exchanges, especially Coinbase, follow closely. Description Ethereum, one year post-Merge, heralds a transformed landscape. But when we zone into the realm of institutional adoption of ether staking, it’s not the rosy picture one might have painted. Despite the leaps and bounds the platform has made, a thick veil of regulatory fog and economic uncertainty still stands in the way. The Gains … Read more Ethereum, one year post-Merge, heralds a transformed landscape. But when we zone into the realm of institutional adoption of ether staking, it’s not the rosy picture one might have painted. Despite the leaps and bounds the platform has made, a thick veil of regulatory fog and economic uncertainty still stands in the way. The Gains and Gapes in Ethereum’s Post-Merge World From 400,000, the number of Ethereum network validators has skyrocketed to nearly 800,000. One of the key…

    Article 2023年9月16日
TOP