• Elon Musk sparks Dogecoin buzz by liking an old tweet about using it for tuition payments, fueling speculation.

• Musk’s X platform aims to introduce peer-to-peer payments soon, potentially opening doors for cryptocurrencies, including Dogecoin.

Elon Musk, who has previously expressed his support for Dogecoin, recently liked a year-old tweet suggesting the use of Dogecoin for tuition payments. This seemingly innocuous action from Musk’s Twitter account, referred to as “X,” has triggered speculation about his intentions and plans involving Dogecoin. 

Notably, Elon Musk’s influence extends beyond a simple “like” on a tweet. The tech magnate is anticipated to launch peer-to-peer payments on Twitter later this year as part of his vision to transform the social media platform into an “everything app.” While it remains uncertain whether Dogecoin will be included as a payment option, the mere possibility has generated considerable excitement in the crypto community. Such a move would not only expand Twitter’s capabilities but also its potential in the realm of commerce.

Elon Musk has long been a vocal advocate for Dogecoin, dubbing it “the people’s crypto.” Beyond verbal endorsements, Musk accepts Dogecoin as payment for Tesla merchandise, further solidifying his commitment to the digital currency. With Musk at the helm of Twitter, Dogecoin holders harbor hopes of potential integration into the platform, further fueling speculation about Dogecoin’s role in his grand plans for Twitter.

Elon Musk’s Playful Twitter Presence and Its Connection to Dogecoin

Musk’s Twitter presence is as intriguing as his business ventures. He has a penchant for infusing humor into his tweets, and one recurring theme in his posts is the number “420.” Musk recently posted a tweet referencing “420M mobile search results” related to the X social media platform, accompanied by a “face with tears of joy” emoji. 

This tweet holds a dual significance, resonating with the April 20th “weed day” and the proclaimed “Doge day” celebrated by Dogecoin enthusiasts. Musk’s playful connection to “420” has consistently garnered enthusiastic responses from his vast following.

Musk’s fascination with “420” dates back to the “420 Tesla case” at the beginning of the previous year. This case originated from Musk’s tweet in 2018, which saw him claiming that he would take Tesla private for $420 with secured funding. 

Musk’s unique sense of humor extends beyond numbers, as revealed in a 2020 tweet where he stated that he was born “69 days after 420” on June 28. This peculiar connection to the number “69” is another element frequently appearing in his entertaining Twitter posts.

Elon Musk’s social media activity has showcased his witty side and demonstrated his ability to engage and amuse his massive online audience. A fraction of Musk’s colossal 170.8 million-strong “X army” swiftly caught on to his recent tweet, responding with equally playful banter and support.

Musk’s influence on Dogecoin has been undeniable. One of the most notable events occurred when he replaced Twitter’s iconic bird logo with the Doge image shortly after acquiring the social media platform for a staggering $44 billion in October 2022. This strategic move led to an immediate 8% surge in Dogecoin’s value, illustrating the profound impact of Musk’s endorsements on the cryptocurrency market.