Not DOGE: Elon Musk Is Linked To This Altcoin! - Coinleaks
Current Date:September 21, 2024

Not DOGE: Elon Musk Is Linked To This Altcoin!

Elon Musk’s latest tweets are linked to another altcoin project. The tweet, which caught the attention of the DOGE community, dates back a year and refers to a rival altcoin CEO.

Elon Musk gave a message for this altcoin, not for DOGE

The CEO of Tesla, Twitter, and several top tech companies gave a mysterious message today in a new tweet containing just a dot. The tweet was interpreted in different ways among the community, the meaning of the message in general was not understood. However, Musk’s only “.” He is sending the message he left the mark a year ago. It winks at the lead developer of Dogecoin’s biggest rival, Shiba Inu.

Shortly after Musk’s tweet, Shiba Inu lead developer Shytoshi Kusama stated that he added this “dot” to his Twitter bio last year. Twitter user KURO SHIBARMY JPN shared a screenshot that proves it:

Meanwhile, the Polygon team is among those who commented on Musk’s dotted message. At one point, Polygon greeted Musk with a heart emoji.

https://twitter.com/elonmusk/status/162315279773446145

What exactly do the messages mean?

The dot and heart sign has received responses from its followers, which includes crypto leaders like DOGE co-founder Billy Markus and HEX founder Richard Heart. The comments were filled with sarcastic and witty replies, but no one knew if the billionaire inventor meant anything with his mysterious “message”. Richard Heart hypothesized that this is what Earth looked like from Mars, the planet Musk wanted humanity to visit to establish a self-sufficient colony.

Shiba Inu developer Shytoshi Kusama was spotted adding this “dot” to his Twitter bio last December. Musk’s point is most likely a joke because he may be frequently interacting with his followers via cheerful themes or doing some sort of check on Twitter user engagement.

DOGE seems more important to Tesla and Musk than Bitcoin

“DogeDesigner” on Twitter reminded the crypto community that Tesla spent $1.5 billion on Bitcoin over two years. This move by the world’s leading electric vehicle manufacturer pushed Bitcoin to a new price high in April. However, many other cryptocurrencies have reached ATH levels, including Musk’s beloved Dogecoin. Following this, BTC hit a new high near $69,000 in November 2021. At the time of this writing, Bitcoin is trading at $23,056, which is 66.39% lower than the all-time high set in November 2021.

On the other hand, Tesla eventually sold most of his Bitcoin savings. The sales took place in late July 2022, when 75% of his BTC was converted into fiat $936 million. Tesla reported a $34 million loss in BTC purchases in January of this year. cryptocoin.com As you follow, the company currently holds 9,720 Bitcoins. But to date, it has not made any sales in Dogecoin, which it still accepts as a payment method. Musk wished they would not make such a move before.