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Elon Musk, the CEO of Tesla and SpaceX, has been quiet on the topic of Dogecoin DOGE/USD since his last mention in April 2023, where he said he would pay a million Dogecoin as reward for proof of the existence of an emerald mine that has been attributed to his family.

What Happened: Earlier on June 19, 2022, Musk reassured his support for the meme cryptocurrency DOGE with a tweet: I will keep supporting Dogecoin."

Musks endorsement came shortly after an investor hit him with a lawsuit, accusing him of inflating the value of Dogecoin as part of a so-called Dogecoin Crypto Pyramid Scheme',

Reacting to a suggestion to continue buying Dogecoin in the same Twitter thread, Musk replied, I am.

See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals

Why It Matters: The lawsuit in question was instigated by Keith Johnson, a Dogecoin investor who alleged that Musk was instrumental in running a Dogecoin Crypto Pyramid Scheme, causing financial losses not only to himself but potentially to many others since 2019. Johnson has filed for this to be recognized as a class-action lawsuit in a New York court.

Bitcoin soared above the $64,000 mark, driving positive sentiment across the crypto landscape, Dogecoins price rose to the $0.10 threshold.

According to Yahoo Finance, Dogecoins market price reached at $0.060 on the date of Musks supportive tweet in 2022. Today, Dogecoin has seen its value rise to $0.12, which means a 100% increase since then.

Dogecoin stands as the 10th largest cryptocurrency, with recent market capitalization figures showing $18.3 billion.

Read Next: Heres How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?Loading… Loading…

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Sports

Sources: DFA’d by Nats, Lowe set to join Red Sox

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Sources: DFA'd by Nats, Lowe set to join Red Sox

First baseman Nathaniel Lowe and the Boston Red Sox are finalizing a deal, sources told ESPN, paving the way for him to join one of the strongest lineups in baseball.

The deal, which will be for a prorated portion of the major league minimum after Lowe was designated for assignment by Washington earlier this month and went unclaimed on waivers, adds a veteran bat to a first-base mix that has been uncertain since Triston Casas‘ season-ending knee injury in May.

Lowe, 30, had been a consistent presence for the Texas Rangers for the past four seasons, including their World Series championship run in 2023. But after an offseason trade to the Nationals, Lowe posted career lows in batting average, on-base percentage and slugging percentage.

Nevertheless, Boston was thrilled to bring him in, hopeful he can find a resurgence at Fenway Park, where he could fit nicely on the left side of a platoon. Lowe has hit 14 home runs in 337 plate appearances against right-handed pitching this season, posting an OPS+ 20% better than league average.

The Red Sox have split time at first between veterans Abraham Toro against right-handed starters and Romy Gonzalez against left-handers. In 109 plate appearances against lefties, Gonzalez is punishing them, hitting .354/.404/.667. After a strong start to the season, Toro’s performance has faltered over the past five weeks, leaving a potential opportunity for Lowe.

Despite the questions at first, Boston ranks fourth in runs scored in the major leagues with 626 in 125 games, just 14 behind the big league-leading Los Angeles Dodgers. The Red Sox have got potential fortification waiting at Triple-A as well, with rookie Kristian Campbell righting his swing, Vaughn Grissom still playing well enough for an opportunity and top prospect Jhostynxon Garcia slugging 17 home runs in 65 games.

With Lowe going unclaimed on waivers, the Nationals will owe him most of the remainder of his $10.3 million salary. Lowe will be arbitration-eligible next offseason, offering the possibility Boston could bring him back in 2026.

At 68-57 this season, the Red Sox are tied with the Seattle Mariners for the top wild-card spot, a half-game ahead of the New York Yankees. The next-closest team in the AL wild-card race is Cleveland, which is 3½ games behind New York.

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Sports

M’s Robles ejected for throwing bat at AAA pitcher

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M's Robles ejected for throwing bat at AAA pitcher

LAS VEGAS — Seattle Mariners outfielder Victor Robles was ejected from a minor league game during a rehab assignment with Triple-A Tacoma on Sunday after he was nearly hit by an inside pitch and tossed his bat at the pitcher.

Las Vegas starter Joey Estes’ first pitch to Robles in the third inning was inside and Robles whacked at it to avoid getting hit. After taking a few steps behind the plate and dropping his bat, Robles picked up the bat and threw it in Estes’ direction and was immediately ejected from the game by plate umpire Joe McCarthy.

Robles, who was hit by a pitch three times in his previous four games with Tacoma, took some steps toward the mound while yelling at the pitcher but was held back by McCarthy and Las Vegas teammates.

After going into the dugout, Robles threw a box of snacks toward the field before heading to the clubhouse.

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Politics

Thailand plans to launch crypto payment sandbox for tourists

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Thailand plans to launch crypto payment sandbox for tourists

Thailand plans to launch crypto payment sandbox for tourists

The Thai government is reportedly set to allow tourists to exchange crypto for Thai baht and make electronic payments through e-money service providers.

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