Elon Musk recently revealed a shocking number of hours that employees at Dogecoin, the popular cryptocurrency associated with the Shiba Inu dog meme, have been working. Musk, known for his unconventional leadership style and as the CEO of Tesla and SpaceX, made the disclosure in a tweet that sent shockwaves through the tech and cryptocurrency worlds. According to Musk, Dogecoin’s core team has been working extremely long hours to improve and scale the cryptocurrency, hinting at the intense dedication behind the scenes.
While specific numbers were not initially given in detail, Musk’s tweet suggested that the Dogecoin team has been putting in over 100-hour work weeks. This revelation is surprising, given that Dogecoin, which started as a joke back in 2013, has transformed into one of the most well-known cryptocurrencies in the world, with Musk playing a significant role in its rise. Dogecoin’s popularity skyrocketed in 2021, largely due to Musk’s frequent endorsements on Twitter, as well as its growing presence as a “meme coin” within the broader crypto community.
DOGE is working 120 hour a week. Our bureaucratic opponents optimistically work 40 hours a week. That is why they are losing so fast. https://t.co/dXtrL5rj1K
— Elon Musk (@elonmusk) February 2, 2025
Musk’s comments about the intense work schedules of Dogecoin employees underscore his personal commitment to the digital currency and his belief in its potential. Over the years, Musk has shown a keen interest in Dogecoin, often mentioning it in tweets and promoting its use for transactions, sometimes even mocking traditional cryptocurrencies like Bitcoin. His influence has been a driving factor in Dogecoin’s price volatility, with a single tweet from Musk often leading to significant price movements.
Very few in the bureaucracy actually work the weekend, so it’s like the opposing team just leaves the field for 2 days!
Working the weekend is a superpower 😂 https://t.co/VgyBk1nJIO
— Elon Musk (@elonmusk) February 1, 2025
The revelation of such long work hours also sheds light on the underdog nature of Dogecoin’s development team. Unlike Bitcoin and Ethereum, which are supported by large development teams and corporate backers, Dogecoin’s core team consists of a small, dedicated group of developers who have been working on the project in their spare time. These developers, many of whom are volunteers, have been working tirelessly to ensure Dogecoin’s technical improvements and scalability.
Musk’s statement could be seen as a call for recognition of the effort behind Dogecoin’s evolution. The cryptocurrency had been largely seen as a lighthearted, joke coin, with little regard for its long-term viability. However, as Dogecoin’s market cap grew, it became clear that there was a growing community of enthusiasts and developers working on its future. The project’s aim now appears to be evolving from just a meme to a legitimate digital currency with real-world use cases. Musk has consistently pushed for Dogecoin to be used for everyday transactions, and he has even suggested that SpaceX, his aerospace company, may accept Dogecoin for future space missions and merchandise.
No classified material was accessed without proper security clearances. https://t.co/dwgYKvT9Dm
— Katie Miller (@katierosemiller) February 2, 2025
The long hours that Musk revealed also highlight the difficulties that come with building and maintaining a decentralized currency like Dogecoin. Cryptocurrencies face constant challenges, including security concerns, scalability issues, and regulatory scrutiny. Musk’s focus on Dogecoin’s development could be seen as a testament to his vision of a decentralized financial future, where users have more control over their assets and transactions.
However, the disclosure of such strenuous work hours has also raised concerns about the well-being of the Dogecoin team. Working over 100 hours a week is typically seen as unsustainable, and many in the tech industry have raised alarms about burnout. In a fast-paced environment like cryptocurrency development, employees and volunteers working around the clock may struggle to maintain work-life balance, which could ultimately affect the quality of their work and the project’s longevity.
In conclusion, Elon Musk’s recent revelation about the hours Dogecoin employees have been putting in highlights the extreme dedication behind the cryptocurrency’s development. While Dogecoin’s rise from a meme coin to a major player in the cryptocurrency market is impressive, the long work hours also serve as a reminder of the challenges involved in building and maintaining such a project. As Dogecoin continues to evolve, it will be interesting to see how the team balances the demands of development with the long-term sustainability of the project.
