Dogecoin Community Buzzes With Excitement As Elon Musk Revives Iconic ‘Dogefather’ Meme ⋆ ZyCrypto

Pundit Predicts Dogecoin's Surge to $6 as Key Historical Pattern Emerges

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Elon Musk, Tesla/SpaceX CEO and longtime fan of memes and the meme-based cryptocurrency Dogecoin, has shared his iconic “DogeFather” meme once again.

In a March 19 post on X, Musk shared a “DogeFather” image generated using the Grok Imagine bot, sparking a wave of excitement across the crypto community. 

Specifically, Musk shared an image of himself styled like Marlon Brando’s character from the classic The Godfather. But instead of holding a cat, he’s holding a Shiba Inu—the dog that originally inspired a wave of memes in the late 2000s, which later led to the creation of Dogecoin and, in the early 2020s, coins like SHIB, BabyDoge, and FLOKI—the latter named after the Shiba Inu Musk had purchased at the time.

Musk first jokingly referred to himself as “The DogeFather” on Twitter (now X) in April 2021, just weeks before co-hosting Saturday Night Live in early May. That combination of the tweet and his TV appearance sent Dogecoin soaring to a record high of $0.7316 on May 8, 2021. Today, Dogecoin has fallen about 87%, trading around $0.09448 per coin.

It’s been quite a while since the eccentric billionaire last posted an image of himself as “The DogeFather” on his X account. Yesterday’s post stirred up the crypto community on X, though some interpreted it as Musk drawing attention to the anticipated launch of X Money.

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Musk has called Dogecoin his “favorite cryptocurrency,” and Tesla accepted DOGE for merchandise in 2022. However, the forthcoming Xmoney launch excluded DOGE and any crypto functionality.

Still, he recently reaffirmed SpaceX’s long-anticipated plan to send a Dogecoin‑related payload to the Moon as part of the DOGE‑1 mission, which was originally announced back in 2021. This confirmation has DOGE enthusiasts buzzing about the possibility of seeing a literal Dogecoin reach the Moon in the near future.

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Source: https://zycrypto.com/dogecoin-community-buzzes-with-excitement-as-elon-musk-revives-iconic-dogefather-meme/