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Elon Musk Says He’s Willing to Serve in D.O.G.E

source-logo  thecryptobasic.com  + 1 more 20 August 2024 10:00, UTC

Elon Musk teases the Dogecoin community and the broader crypto scene in his latest remarks suggesting a willingness to serve in “D.O.G.E.”

SpaceX and Tesla owner Elon Musk have exhilarated the Dogecoin and crypto communities after flaunting the dog-themed memecoin in a post on Tuesday. Musk rubbed in DOGE while expressing his desire to serve the United States of America, indicating how dear the largest memecoin is to him.

“I am willing to serve,” the post read.

Along with the caption, Musk posted what looked like an AI-generated picture of himself on a podium inscribed with “Department Of Government Efficiency (D.O.G.E.).” The tweet has gained popularity on X, with Dogecoin enthusiasts particularly pointing to the D.O.G.E. acronym.

Elon Musk DOGE

The Tuesday post was in response to an earlier report that Republican candidate and former president Donald Trump said he would offer Musk a cabinet or advisory role if elected. Trump told Reuters in a campaign in Pennsylvania that he would offer Musk the role if the CEO was willing to take it.

The Musk-Dogecoin Love Story Continues

The X (formerly Twitter) owner has never hidden his love for memes and Dogecoin. Musk has publicly endorsed the Shiba Inu-themed memecoin on several occasions, impacting its popularity and price.

Musk’s soft spot for Dogecoin saw him integrate the token as a payment option for buying Tesla merch. Five months back, Musk hinted at allowing Dogecoin payments for Tesla cars. In April, the Space X CEO changed X’s logo to DOGE’s, causing a spike in the memecoin’s price.

Musk’s advocacy for Dogecoin has not gone without criticism, as he has often been called out for manipulating the token’s price. Last year, a group of investors sued Musk, accusing him of driving DOGE up over 36,000% in two years and letting it crash.

Meanwhile, DOGE resumed an uptrend after Musk’s Tuesday tease. The memecoin is up 5% and traded at $0.105 at the time of writing.

thecryptobasic.com

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