Dogecoin

2024

Elon Musk

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Today, serial tech entrepreneur and Tesla CEO <a href="https://u.today/elon-musk-and-dogecoin-founder-agree-on-this-crucial-matter-details" rel="noopener noreferrer nofollow">Elon Musk</a>, who is also well known for his love of Dogecoin and memes, published a post where he combined those two things.
This caused a wave of positive and supportive comments from the DOGE army. However, some Bitcoiners responded to say that they believe in BTC, not in meme coins.
<h2 id="musk-triggers-community-with-doge-post">Musk triggers community with DOGE post</h2>
Musk took to his account on the X platform to publish a photo of himself taken during one of his recent public speeches in the U.S. In this photo, he victoriously raises both hands and resembles a powerlifter, who strikes a pose to demonstrate his biceps.
The X owner combined the photo with a DOGE meme, where the Shiba Inu dog raises hands in a similar gesture and shows a well-trained muscled body.
<blockquote class="twitter-tweet">
 <a href="https://t.co/y0UCd5NvMj" rel="noopener noreferrer nofollow">pic.twitter.com/y0UCd5NvMj</a>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1850718973564006767?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 28, 2024</a>
</blockquote>
Among the commentators was the @Nebraskangooner analyst. He wondered why Dogecoin did not pump thanks to that tweet by Musk. Indeed, over the past few hours, when this tweet was published, the original meme cryptocurrency staged a decline of close to 2% rather than beginning to rise. At the time of this writing, the iconic meme coin is changing hands at $0.14236.
<blockquote class="twitter-tweet">
 <a href="https://t.co/6dsuqmWtMq" rel="noopener noreferrer nofollow">pic.twitter.com/6dsuqmWtMq</a>— HTX (@HTX_Global) <a href="https://twitter.com/HTX_Global/status/1850726004161155206?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 28, 2024</a>
</blockquote>
X user @TheBTCTherapist, with more than 140,000 followers, responded to the tweet by saying: “Bitcoin &gt; Doge.” However, the majority of the commentators published supportive tweets, praising DOGE.
<blockquote class="twitter-tweet">
 Why isn't DOGE pumping off this? <a href="https://t.co/fhx248wn53" rel="noopener noreferrer nofollow">pic.twitter.com/fhx248wn53</a>— Nebraskangooner (@Nebraskangooner) <a href="https://twitter.com/Nebraskangooner/status/1850720250754396478?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 28, 2024</a>
</blockquote>
<h2 id="elon-musk-mentions-xrp-community-takes-it-as-good-sign">Elon Musk mentions XRP, community takes it as good sign</h2>
As reported by U.Today, last week, Tesla CEO and Dogecoin lover <a href="https://u.today/elon-musks-mention-of-xrp-triggers-xrp-armys-excitement-but-heres-catch" rel="noopener noreferrer nofollow">Musk mentioned XRP</a>, while answering questions from the audience during one of his public speeches in the course of his U.S. tour.
A user asked whether Musk believes that XRP Ledger will be incorporated into financial institutions, what with the current witch hunt conducted by the SEC against crypto. Musk, however, responded regarding crypto in general.
Musk stated that he believes crypto to be an "interesting and probably valuable bulwark against a centralized control. He then clarified that this was "definitely not an endorsement or lack of endorsement of XRP."
Ripple CEO Brad Garlinghouse later reacted to Musk’s mention of XRP, saying that users are eager to ask such questions because “<a href="https://u.today/ripple-ceo-on-elon-musks-xrp-mention-xrp-not-niche-issue" rel="noopener noreferrer nofollow">XRP is not a niche issue</a>.” <a href="https://u.today/elon-musks-doge-tweet-excites-crypto-community-details" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Elon Musk's DOGE Tweet Excites Crypto Community: Details

Table of Contents

U_Today

Other articles published on Oct 28, 2024

Best 3 Meme Coins to Invest in 2024

Bithumb Exchange Faces Korean Won Withdrawal Delays, Users Unfazed

First hacked, then recovered, now missing again — The $20 million Bitfinex mystery

Morgan Stanley analysts predict serious short-term market volatility after November’s presidentia...

US Spot Bitcoin ETFs Set to Continue to Drive Huge Inflows

Solana Surpasses Ethereum in Daily Blockchain Fees

Join our free newsletter for daily crypto updates!