CandleFocus Elon Musk’s Meme Alert Sparks Crypto Community’s Heated Reaction: Details
2024-11-22
Author: Content Editor
In this news, Elon Musk, the tech billionaire and CEO of Tesla, posted memes on his social media platform, X, leading to a heated response from both the crypto community and regular X users. Musk shared a meme about aliens wanting Earth's memes, which prompted the community to respond with their own memes, many of them related to Dogecoin. The cryptocurrency exchange Kraken also joined in, promoting Bitcoin. Musk also recently posted a meme referring to himself as "The DogeFather," which gained significant engagement. Many speculate that Musk's posts hint at his new project, the US Department of Government Efficiency (D.O.G.E.), aimed at reducing government expenses. Dogecoin itself saw a 16.8% increase in value in a single day.
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