Elon Musk's DOGE Tweet Excites Crypto Community: Details

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Today, serial tech entrepreneur and Tesla CEO Elon Musk, 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 also responded to say that they believe in BTC, not in meme coins.

Musk triggers community with DOGE post

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 US. In this photo he victoriously raises both hands and resembles a powerlifter who is taking a posture 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 muscly body.

Among the commentators, was the @Nebraskangooner analyst. He wondered why Dogecoin did not pump thanks to that tweet of 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 began to rise. At the time of thiw writing, the iconic meme coin is changing hands at $0.14236.

X user @TheBTCTherapist with more than 140,000 followers responded to the tweet by saying: “Bitcoin > Doge.” However, the majority of the commentators published supportive tweets, praising DOGE.

Elon Musk mentions XRP, community takes it as good sign

As reported by U.Today, last week, Tesla CEO and Dogecoin lover Musk mentioned XRP, while answering questions from the audience during one of his public speeches in the course of his US tour.

A user asked whether Musk believes that the XRP Ledger would be incorporated into financial institutions what with the current witch hunt conducted by the SEC against crypto. Musk, however, responded talking about crypto in general.

He 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 “XRP is not a niche issue.”