Dogecoin (DOGE) held steady between 16–17 cents despite circulating rumors about Tesla seeking a new CEO to replace Elon Musk. The company quickly dismissed the reports, with Musk himself calling them false.
Known for his strong support of Dogecoin, Musk's moves often sway the memecoin's market. However, the latest market reaction shows growing maturity among investors, as DOGE remained unaffected. Musk reassured shareholders of his commitment to Tesla, while hinting at scaling back his role in other ventures.
