Musk Whistleblower Draft: Dogecoin (DOGE) Exclusive Cyberwhistle Sells Out in Minutes

The controversial case of Elon Musk’s attempt to buy Twitter for $44 million has taken an unexpected turn. Right after Twitter’s former head of security Peiter Zatko stepped up and offered his take on Twitter’s current security issues, Musk dropped an exclusive cyberwhistle collectible. This piece of Tesla’s merch costs 1,000 Dogecoin (DOGE), which is about $60 at the time of publication.

Cyberwhistle Sells Out in a Matter of a Couple of Minutes

The whistle resembles Cybertruck, one of the e-car models from Tesla. Elon Musk calls for his audience to “Blow the whistle!”, also adding that the whistle sound is going to be much louder in the future. It’s very likely that Elon Musk is referring to transparency, or the lack thereof, in the outstanding case of his $44M Twitter acquisition.

The cyberwhistle itself has a convenient attachment feature and is to be delivered in 4 to 6 weeks from the purchase. Moreover, Musk put the DOGE Army first, as this is the only cryptocurrency accepted for the collectible. The question is, will this help Dogecoin (DOGE) get back to winning ways?

Dogecoin (DOGE) Is Facing Severe Competition

Recently, the top dog memecoin Dogecoin (DOGE) lost the #10 position by market cap to Polkadot (DOT). Moreover, now the rival Japanese dog-themed memecoin Shiba Inu (SHIB) is on Dogecoin’s (DOGE) back. The 12th crypto by market cap trails by less than a million in market capitalization. However, Shiba Inu (SHIB) has already surpassed Dogecoin (DOGE) on Twitter, as the official profile nears 3.5 million followers.

At press time, Dogecoin (DOGE) trades at $0.061096, according to CoinGecko. Not having moved for the past 24 hours, the canine coin records a slight 3.4% in the green for the last 7 days. However, in the longer term, things don’t look as good. Dogecoin (DOGE) is down by 25.4% in the last 30 days and has to come to terms with a 74.2% yearly deficit.

Twitter’s Whistleblower Reveals Cold Truth?

The recently surfaced story of Twitter’s ex-employee has unveiled some shocking allegations linked to the security issues of the social media platform. To be exact, Peiter Zatko wrote an 86-page-long whistleblowing report. As the story goes, Mr. Zatko called Twitter’s security “a decade behind,” also implying that everyone’s data is at risk. Moreover, the former head of security stated that Twitter doesn’t care about one-time fines for a breach of regulations.

As if that wasn’t enough, Peiter Zatko emphasized that Twitter cares about “revenue generation above anything else.” Finally, he took the role of a whistleblower simply because he wants to see long-term improvement. “I’m risking my career and reputation…if something good comes out of it five or ten years down the line, it will be worth it,” Zatko addded.

On the Flipside

Why You Should Care

Twitter’s exec team wanted to sell Twitter to Elon Musk for $44 million. However, Twitter CEO Parag Agrawal allegedly lied about the 5% bot count. The situation raised some eyebrows and the deal was forfeited. After the whistleblower’s case was made public, many people using the platform got concerned about their data safety.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

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Author

Tadas Klimasevskis is a reporter, focusing on the latest tendencies of the crypto galaxy. He spends his time digging deeper into specific areas like meme coins such as Shiba Inu (SHIB) & Dogecoin (DOGE), music NFTs, sports NFTs, digital art and Pop culture in Web 3.0. Tadas strongly believes in crypto as disruptive innovation and keeps an eye out for new crypto hubs being developed around the globe. His vast experience in social media lets him quickly spot what’s going on in the mercurial world of crypto and deliver stories with unique spins. He has been active in blockchain and cryptocurrencies since 2019.