‘DOGE To The Moon’: Elon Musk Starts Talk With Dogecoin Mention

Anvesh Reddy
November 12, 2022 Updated July 22, 2025
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
doge dogecoin elon musk

Elon Musk Dogecoin News: In yet another instance, Tesla CEO Elon Musk spoke about Dogecoin (DOGE), leading to a slight price jump for the memecoin. Interestingly, this time around the new Twitter owner said ‘Dogecoin (DOGE) To The Moon’ in his initial statement during a Twitter space on Saturday. In the Twitter space hosted by Mario Nawfal, founder of International Blockchain Consulting Group, Musk made the comments. Meanwhile, the DOGE price took a slight jump following the Tesla CEO’s comments.

Advertisement
Advertisement

‘DOGE To The Moon’

Apart from his mention of DOGE, Musk also spoke about safety of crypto assets and Sam Bankman-Fried’s interest in acquiring stake in Twitter. Musk said the FTX founder “wanted to invest in Twitter but gave away very bad vibes.” He also spelled out the popular quote, “If it’s not your key it’s not your wallet.” Musk also said he was “working hard on the DOGE part.” Following Elon Musk’s comments on the memecoin, the cryptocurrency immediately jumped by around 10%.

Winnie Njuguna, a crypto enthusiast, who attended the space, said,

“This morning I was listening in on a space hosted by Mario Nawfal and Elon Musk comes in and first thing he says is “Doge to the moon”

As of writing, DOGE price stands at $0.09182, up 4.06% in the last 24 hours, according to price tracking platform CoinMarketCap. However, the crypto bloodbath seen earlier in the week has had a major impact all cryptocurrencies. DOGE is still down by about 28.51% in the last 7 days.

Advertisement
Advertisement

The Musk Factor

Following Elon Musk’s official takeover of Twitter, Dogecoin (DOGE) witnessed huge positive momentum. On various occasion in the past, Musk has vocally supported the memecoin. Very recently, a tweet by Musk on the occasion of Halloween had a Shiba Inu pet dog wearing a Twitter t-shirt. The community was bullish with Musk’s acquisition and it was potentially a hint about Dogecoin (DOGE) integration to the Twitter platform.

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at [email protected] or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.