Reports have surfaced suggesting that Ethereum (<a href="https://finbold.com/cryptocurrency/ethereum/">ETH</a>) co-founder Vitalik Buterin and Tesla&nbsp;(NASDAQ:&nbsp;<a href="https://finbold.com/stock/tesla-tsla/">TSLA</a>)&nbsp;CEO Elon Musk will come together and begin working on upgrading Dogecoin (<a href="https://finbold.com/cryptocurrency/dogecoin/">DOGE</a>).

The cryptocurrency market cap saw net inflows of $1.1 billion over the last 24 hours and currently stands at $832.1 billion, up 0.14% over the reporting period.

Crypto influencer David Gokhshtein has told his nearly 700,00 followers on Twitter that he expects Ethereum co-founder Vitalik Buterin and and Elon Musk to join forces to upgrade Dogecoin.

Gokhshtein speculates that Musk and Buterin could partner on an initiative to upgrade Dogecoin.

BabyDoge new monthly burns will commence on December 1, 2022&nbsp;

The crypto contagion sparked by the downfall of FTX seems to have found its latest victim- Genesis Global Capital. However, the trouble isn’t limited to the New Jersey-based crypto lender.

<a href="https://ambcrypto.com/category/bitcoin-news/">Bitcoin</a> sank as low as $15.5k over the past two days of trading but quickly reversed and fought to climb back above $16.2k. However, it still faced resistance at the $16.5k-$16.7k region. <a href="https://ambcrypto.com/?s=dogecoin">Dogecoin</a> followed Bitcoin on the charts and saw a 15% bounce over the past 36 hours.

Top whales continue to increase their holdings with their favorite crypto tokens as the crypto prices fall lower following the collapse of FTX. The fourth largest BNB whale “Sabo” has just bought 53,501,879 Dogecoin (DOGE) as the price reaches near the bottom. The <a href="https://coingape.com/glossary/meme-cryptocurrency/" target="_blank">meme coin</a> has rebounded over 2% in an hour.

A “high-ranking” South Korean civil servant has been caught buying dogecoin (DOGE) on his cell phone – in the middle of an important local government meeting.

Dogecoin whales were involved in about $3.5 million transactions in spite of the Elon Musk culture change at his new company.