- A cryptic post by Elon Musk on X once again stirred up excitement for Dogecoin (DOGE) over the weekend.
- The tweet was also attributed to the boost in XRP price.
- It should be noted though that the billionaire American entrepreneur’s social media post didn’t point to any cryptocurrency in particular and it wasn’t even clear if he was talking about crypto at all.
Elon Musk Quote Rallies XRP and DOGE
Elon Musk, the key figure of X (formerly Twitter), Tesla, and SpaceX, has done it again. A cryptic post he made on X during the weekend garnered an overwhelmingly positive reaction from the crypto community, especially those on the lookout for DOGE and XRP.
The tweet in question simply said, “The most entertaining outcome – as if we’re in a soap opera – is the most likely.”
Do note that this doesn’t mark the first time Musk said these words and it didn’t even mention what “outcome” he was referring to. So, it’s quite baffling how it was eventually interpreted as a war cry toward DOGE and XRP.
However, it should be recalled that he once uttered the line when he was talking about Dogecoin back in 2021 during an interview on the Clubhouse app. It started with, “Fate loves irony.”
Then he went on to say, “The most entertaining outcome is often the most likely and arguably the most entertaining outcome and the most ironic outcome would be that Dogecoin becomes the currency of Earth in the future.”
So, those keeping track of Musk’s interviews immediately linked the statement to the billionaire’s meme coin darling, DOGE.
This comes hot on the heels of the richest guy in the world’s confirmation at a Gigafactory event in Berlin that Tesla will accept DOGE payment for its cars “at some point.” The same affair also got on the radar of the Dogecoin community because of Musk telling the crowd, “Dogecoin to the moon.”
And just like that, DOGE skyrocketed by 18% from a $0.16 low to nearly $0.19 on March 14 when a video of his engagement with the crowd in Berlin started circulating on social media circles.
DOGE and XRP Now
Thanks to Musk’s tweet, DOGE spiked to $0.1588 before tumbling down to $0.14 in the 24-hour chart as of this writing at 2:30 PM UTC on Monday. Meanwhile, XRP also rose in the same period to $0.6274 before settling at $0.60 at this hour.