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Yesterday, I saw Elon Musk post a pretty wild meme on X, and the entire cryptocurrency community suddenly went into a frenzy. The meme is about aliens wanting to take our meme, and it’s pretty funny—so it immediately blew up. Elon Musk’s fans on X are mainly meme lovers, so they responded very positively whenever he posted anything related to this topic.
The community has shared tons of meme replies, especially those related to Dogecoin. Even more interesting, a major exchange also joined in: they posted that it’s only Bitcoin—no memes—along with a green candlestick GIF to remind everyone that Bitcoin is getting close to 100k. But everyone still keeps their focus on Elon Musk’s meme.
Recently, Elon Musk went back to an old meme from early 2021, when he called himself The DogeFather. This time, he posted an image of himself wearing a tuxedo like the main character in a famous movie—it looks really cool. The tweet received more than 772 thousand likes, 63 thousand retweets, and 18 thousand comments. Everyone is guessing that Elon Musk is alluding to D.O.G.E., the government department for efficiency that he is currently leading.
Last week, Dogecoin rose by about 16.8% in a day, reaching $0.41. Now DOGE is around $0.11, but Elon Musk’s meme is still continuing to stir things up in the community. It seems that every time Elon Musk’s meme speaks up, the market responds. In 2021, when he played The DogeFather, Dogecoin hit $0.70. No one knows what will happen this time, but one thing’s for sure—his meme still has its own power.