Dogecoin (DOGE) prices were little-changed after reports of carmaker Tesla searching for a new CEO to replace technocrat Elon Musk, which the company later refuted.DOGE prices wobbled between the 16-17 cents mark in the past 24 hours, in line with a flat market. Musk is a known dogecoin backer whose comments, or developments at his companies, tend to impact the memecoin’s prices.Tesla board members reached out about a month ago to several executive search firms to replace Musk, sparked by his heavy involvement with the Trump administration, per WSJ
source: https://www.coindesk.com/markets/2025/05/01/dogecoin-unfazed-as-elon-musk-rubbishes-report-of-his-exit-from-tesla