In early April 2023, Elon Musk shocked the crypto group when he noticed Dogecoin Mascot (the well-known meme canine Kabosu picture) as an alternative of the routine blue chook on Twitter when Tech Mogul started rebranding social networks as X.
Doge simply swapped the Blue Fowl brand on Twitter
Elon Musk is understood to be one of many greatest dogcoin supporters. He has typically promoted the meme’s cryptocurrency in tweets lengthy earlier than he purchased Twitter for $44 billion. In that information, the unique meme’s cryptocurrency first surged 8%, then elevated by about 30% in whole because the Dogecoin group thought Musk had lastly begun to combine Doge on Twitter.
The evolution of the đť•Ź brand. pic.twitter.com/kdti3xuqnm
– dogedesigner (@cb_doge) April 16, 2025
Musk advised a number of occasions earlier than he purchased the platform. Doge advised that it might have to be built-in to lean content material makers on Twitter. The guidelines for Bitcoin and Ethereum had beforehand been consolidated by Jack Dorsey, the platform’s CEO on the time.
Dogecoin was created in 2013 by Billy Marx and Jackson Palmer as a joke primarily based on the Bitcoin Code. In December 2021, Musk introduced that Tesla will combine Doge as a fee methodology for its merchandise. In April 2022, SpaceX adopted within the footsteps of Tesla.
Musk’s huge help for Dogecoin continues
Because of masks tweets, in early Could 2021, memecoin surged to an all-time excessive of $0.7376. Earlier than that, Musk tweeted that he was “Douge Father,” selling Doge that 12 months when he debuted on a well-liked Saturday Night time TV present in April.
In 2025, Musk used the identify of his favourite cryptocurrency, the federal government’s effectivity, which he was appointed boss by President Donald Trump, which was the brief identify of his new venture. Musk prefers to name this regulatory and listening to company Doge, however this 12 months he clearly said that the US authorities has no plans to make use of Dogecoin or different cryptocurrencies.
Presently, Doge is the ninth largest cryptocurrency, with a market capitalization of $22.8 billion. On this listing, we’re forward of Cardano’s ADA. Founder Charles Hoskinson as soon as advised that Musk was in all probability one of many greatest canine house owners, as he loves the coin a lot.
