Elon Musk first tweeted about Dogecoin in April 2019, calling it “my fav cryptocurrency.” It was a casual joke. By 2020, the jokes had become a campaign. Musk tweeted Doge memes, asked his followers if Tesla should accept it, and praised the community. His tweets sent the price soaring repeatedly. Each pump created new Doge millionaires.
By early 2021, Musk had given himself the title “Dogefather.” He hosted Saturday Night Live in May 2021 and brought his mother on stage with a Doge gift. He named his own dog Floki and inspired the Floki Inu memecoin. To his fans, Musk was the savior of meme money. To his critics, he was manipulating retail investors. Either way, no celebrity in crypto history has had a bigger impact on a single token’s identity than Elon has had on Dogecoin.
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