Tesla boss and Dogecoin advocate Elon Musk praises the leading meme coin on Christmas Day.
From regular mentions to supporting payments for goods, the world’s richest man and Tesla CEO Elon Musk has long established itself as a champion of the popular dog-themed meme cryptocurrency Dogecoin (DOGE). So it’s no surprise that the billionaire didn’t miss out on promoting the popular cryptocurrency on Christmas Day.
“Who let the DOGE out?”
Amid the Christmas festivities, Tesla CEO Elon Musk took time to mention Dogecoin with a nod to the lyrics of the 2000 Baha Men hit “Who Let the Dogs Out.”
“Who let the DOGE out?” Musk wrote, captioning a photo of his dogs Gatsby, Marvin and Floki in Christmas costumes in an X post on Wednesday, December 25th.
🎶 Who let out the DOGE? 🎶 pic.twitter.com/1GR7Cih54R
— Elon Musk (@elonmusk) December 25, 2024
But Musk’s DOGE reputation didn’t end there, as keen observers were quick to point out that the cape of Floki, a dog who also inspired his own successful meme coin, was decorated with Dogecoin logos.
Many DOGE advocates and avid Musk followers are hoping that the billionaire’s recent show of support will have a positive impact on the price of the meme coin. One observer pointed out that the last time the billionaire posted these words regarding the meme coin, it went parabolic shortly after.
The post The price in question appeared on February 7, 2021. Aside from an immediate price increase that day, DOGE launched a parabolic rally to an all-time high of $0.73 about two months later in a surge that many attribute to Musk…
