Elon Musk debunks resignation rumors and clarifies that he has not resigned from his role in the Trump administration.
Misinformation about Musk's resignation caused temporary fluctuations in Dogecoin (DOGE) and other Musk-associated cryptocurrencies.
Dogecoin has been on a downward trend, but technical analysis suggests a temporary pause in the price decline and a potential upward movement.
Musk's involvement in uncovering government inefficiencies could have implications for the broader tech and financial sectors, including cryptocurrency.