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Elon Musk’s Meme Alert Sparks Crypto Community’s Heated Reaction: Details

While Musk boasts an account with the largest follower count, his fans on X largely remain meme lovers, and they respond actively every time the tech mogul posts something related to memes, including his frequent tweets about the meme cryptocurrency Dogecoin.

The text on the image says: “Citizens of Earth. Give us your memes.”

The community eagerly responded, posting memes for “the aliens.” Many of them contained ones about Dogecoin. The official account of major U.S.-based cryptocurrency exchange Kraken also posted a reply, saying: “There is no meme. Only Bitcoin.” It also posted an animated GIF with a long green Bitcoin candle to remind everyone that BTC has come really close to hitting the $100,000 level today.

This time, Musk also published a photo of himself dressed in a suit with a bow tie and a white shirt, resembling the main character of the book/movie, in which Michael Corleone was played by a young Al Pacino.

This tweet garnered 772,000 likes, 13,000 bookmarks, it was retweeted 63,000 times and commented on 18,000 times. Back in April 2021, this post, along with Musk’s hosting Saturday Night Live, pushed the Dogecoin price to an all-time high of $0.70. This time, many believe, the tech billionaire hinted at his new brainchild, D.O.G.E., or the U.S. Department of Government Efficiency, which he now spearheads to cut down extensive governmental spending.

This week, Dogecoin demonstrated a roughly 16.8% increase within a single day, hitting a local high of $0.41361.

This article was originally published on U.Today


Source: Cryptocurrency - investing.com

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