Bill Ackman, the billionaire hedge fund manager and CEO of Pershing Square Capital Management, said he would be willing to become a major shareholder if Elon Musk's X platform was willing to go public without the risks and expenses of a typical IPO. This super positive news has excited the crypto community, as Dogecoin is the rumored token at the core of the X super application payment system. The Dogecoin prototype Kabosu will celebrate its 18th birthday, and the foundation has reached the fundraising target, and its statue will be unveiled in November.

Ackerman: Willing to reach a cooperation agreement with Musk X

According to the Wall Street Journal (WSJ), Ackman has expressed interest in Musk's X platform, where he has nearly 800,000 followers and continues to share his views on various global topics and issues. Ackman also recently disclosed the regulatory approval of his unique investment vehicle SPARC by the US Securities and Exchange Commission (SEC), allowing the financial vehicle to target and invest in private companies and transfer them to the public domain.

Ackman announced in the post, urging private companies seeking to go public to consider Pershing Square as an investor. "If you have a large private growth company that wants to go public without the typical IPO risks and expenses, and with Pershing Square as your majority shareholder, give me a call and we promise to answer yes or no quickly," Ackman said.

Although Ackman has revealed his interest in potential cooperation with Platform X, Musk has not yet made any acknowledgment or confirmation of Ackman’s statement. However, investors are curious about the potential impact of the alleged cooperation on the Dogecoin cryptocurrency.

What does this mean for Dogecoin?

Speculations of X dealing with Ackman’s investment vehicle have sparked rumors about potential market changes and the possibility of Dogecoin. As Dogecoin is favored by Musk, who is considered one of the largest investors in the cryptocurrency, industry investors believe that the possibility of cooperation between Ackman and X will drive the market price of Dogecoin to the $0.75 mark.

As of Friday (October 6) in the Asian market, Dogecoin was trading at $0.06102, with a 24-hour trading volume of more than $111 million.

Earlier market speculation said that Musk would implement Dogecoin payments when deploying robots in the new X payment plan. Cryptocurrency enthusiasts and industry investors have seen Musk's huge impact on Dogecoin prices over the years and are looking forward to a surge if the rumors of Ackman's alliance with X come true.

Dogecoin prototype celebrates 18th birthday, Kabosu statue unveiled in November

The prototype of Dogecoin is a Shiba Inu named Kabosu. Its statue was originally designed to celebrate its 17th birthday and was scheduled to appear in 2022, but it seems to have been postponed in part due to events such as the collapse of the FTX exchange. Fortunately, the funds for the statue were successfully raised and will be used to celebrate Kabosu's 18th birthday.

Fortunately, after nearly a year, the initial fundraising goal has been exceeded, currently about $38,000, and the official website BronzeTheDoge.xyz shows that fundraising is still ongoing, and as long as a certain amount is reached, the size of Kabosu's statue will be larger. This event was initiated by the Dogecoin Foundation, Own The Doge and Atsuko Sato, and their ultimate goal is to raise $1 million to place a Kabosu statue on the moon.

The official website claims that the addresses or ENS of the first 11 donors will be engraved on the Kabosu statue. The addresses of all donors who donate more than $11 will also be recorded in the list and made into NFTs.

As the unveiling of the statue is approaching, the official Twitter account also issued an appeal, saying that some people seem to have issued related tokens in an attempt to make a profit. The official emphasized that the funds for the statue came from the global Doge community, and that the unveiling ceremony of the Kabosu statue, initiated only by organizations such as the Dogecoin Foundation and hosted by Own The Doge, was a free event.