SEC to investigate Musk tweets about memecoin Musk: This will be great

February 26, the Securities and Exchange Commission (SEC) is stepping in and investigating whether Tesla CEO Elon Musk is suspected of using the influence of his personal social media account to manipulate cryptocurrencies such as dog memes memecoin.

Affected by this news, Tesla’s share price fell by more than 7% in the day, and dog coins also fell.

In response to this, Musk tweeted: “I hope they will investigate, which will be very good.”