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Dogecoin-Neuralink Partnership: What You Should Know About Musk’s Blindsight

Published by
Vignesh S G

Elon Musk’s recent update about Neuralink’s Blindsight project has sparked a lot of excitement in both the tech and cryptocurrency worlds. Dogecoin co-creator Billy Markus is among those sharing their enthusiasm. Known for his support of Musk’s innovative projects, Markus’s latest praise for Neuralink has led to speculation about a possible business link between Dogecoin and Musk.

Let’s explore the details!

Musk’s Blindsight: What You Should Know

In a recent X post, Musk revealed that Neuralink’s new device, Blindsight, could help restore vision to people with undamaged visual cortices. This is especially promising for those who are blind from birth, as it might bypass damage to the eyes and optic nerves. Right now, the device provides low-resolution visuals, but Musk hinted that future improvements could enhance its quality.

Markus is a strong supporter of Musk’s innovations. He has openly supported Musk several times. Interestingly, it was when Musk expressed his support for Dogecoin in 2021 that the business relation between Musk and Dogecoin came under discussion for the first time. Several theories emerged. Some even suspected the motive behind Musk’s endorsement of Dogecoin.

However, Dogecoin benefited greatly from the endorsement, as the price of that crypto witnessed a sharp surge soon after the endorsement. This endorsement not only boosted Dogecoin’s value but also raised questions about their business relationship. With Markus’s continued support, any new developments involving Musk could potentially affect Dogecoin’s price.

Dogecoin Price Analysis: A General Overview

At the start of the year, Dogecoin was priced at $0.09196. It surged to $0.18202 on February 23 but then experienced significant price fluctuations. The price moved between $0.22008 and $0.12886, and since May 24, the momentum has weakened. Despite attempts by buyers to raise the price between July 12 and 21, sellers drove it down to $0.09428. On September 6, the price fell further to $0.09262. Over the past week, DOGE has dropped by at least 0.85%, with a 1.5% decrease in the last 24 hours. Currently, DOGE is trading at around $0.10009.

The mutual support between the leaders of Dogecoin and Neuralink presents intriguing possibilities for both. As their relationship evolves, it will be interesting to see how it affects Dogecoin’s market dynamics.

Also Check Out : Top Meme Coins Ready for Breakout: Baby Doge and Turbo Lead the Pack 

Could this partnership be a game-changer for the cryptocurrency market? Let us know your predictions!

Vignesh S G

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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