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

Elon Musk's Meme Warning Sparks the Crypto Community's Heated Reaction: Details

Cover image via U.Today

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Elon Musk, the tech billionaire who heads several major tech companies and owns the social media platform users who follow Musk on his mobile phone. social media network.

Although Musk boasts an account with the largest number of followers, his fans on

Elon Musk issues ‘meme alert’

Tesla CEO Elon Musk published a meme about aliens coming to Earth with one purpose: “They want our memes!” Musk expressed this in the tweet accompanying the image he published.

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

The community responded eagerly, posting memes for “the aliens.” Many of them contain information about Dogecoin. The official account of major US cryptocurrency exchange Kraken also posted a reply, saying: “There is no meme. Only Bitcoin.” It also posted an animated GIF showing a long green Bitcoin candle to remind everyone that BTC came very close to reaching the $100,000 level today.

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Musk backs DOGE on X once again

Three days ago, the eccentric tech entrepreneur returned to the meme he last published in early 2021, when he called himself “The DogeFather,” in reference to Mario Puzo’s classic criminal novel later brought to the big screen by Francis Coppola filmed.

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 from the book/movie, in which Michael Corleone was played by a young Al Pacino.

This tweet received 772,000 likes, 13,000 bookmarks, was retweeted 63,000 times and commented on 18,000 times. 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. Many believe that this time the tech billionaire was hinting at his new brainchild, DOGE, or the US Department of Government Efficiency, which he now heads to cut massive government spending.

This week, Dogecoin demonstrated an intraday increase of around 16.8%, reaching a local high of $0.41361.