Elon Musk Excites Crypto X with 'DogeFather' Meme After Long Pause

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Elon Musk returns as "The DogeFather" on X Musk praises Bitcoin as a currency Advertisement Elon Musk, serial tech entrepreneur and a long-term lover of memes and iconic meme-inspired cryptocurrency DOGE, has published his famous “DogeFather” meme. Aside from DOGE, Musk also admits the significance of Bitcoin as a currency. The “DogeFather” image was created with the Grok Imagine bot, and it triggered the crypto community’s excitement on the X platform. It’s been a long time since Musk has posted his images as “The DogeFather” on his X account. HOT Stories Billion Dollar XRP Treasury Vehicle Evernorth Prepares for Nasdaq Listing Crypto Market Review: Bitcoin (BTC) Not Giving up on $80,000, Ethereum (ETH) Has Golden Cross Potential, Is XRP at Risk of Losing $1.50 for Good? Elon Musk returns as "The DogeFather" on X Musk published an image of himself dressed like the Marlon Brando character from the iconic movie by Francis Ford Coppola. Advertisement However, instead of a cat, Elon Musk is holding a Shiba Inu dog, which initially inspired a wave of memes back in the late 2000s and then led to the creation first of Dogecoin and then, in the early 2020s, to the creation of SHIB, BabyDoge, and FLOKI (that’s the name of Elon Musk’s Shiba Inu dog he bought back then). X money is coming. pic.twitter.com/OpQLxNdy1N — Rand Group (@cryptorand) March 19, 2026 The first time Musk jokingly called himself “The DogeFather” on Twitter was in April 2021, before his debut as a co-host on the Saturday Night Live show in early May of that year. His TV appearance and that “DogeFather” tweet triggered a massive Dogecoin price surge, which led the meme coin to an all-time high of $0.7376 on May 8, 2021. Currently, Dogecoin is trading 87.17% below, at $0.09434 per coin. Advertisement Today’s tweet got the crypto community on X pretty much excited, but some were led to believe that Musk thus attracted attention to the upcoming launch of X Money. But recently, Musk once again confirmed on X that SpaceX intends to deliver Dogecoin to the Moon with the approaching DOGE-1 space mission. You Might Also Like Wed, 01/07/2026 - 09:38 Is Bitcoin Future Currency? Elon Musk Might Be Hinting at That; Community Reacts By Yuri Molchan Musk praises Bitcoin as a currency In a recent podcast appearance, the tech magnate called energy the currency of the future, bringing it down to “how much power is being turned into work of some kind.” Many in the community back then decided he was indirectly talking about Bitcoin and the proof-of-work verification algorithm. Musk made a similar statement, but a much more direct one, in November 2025, when he said: “This is why I said Bitcoin is based on energy. You can't legislate energy.” Energy is hard to harness, according to Musk. Besides, he appreciates the limited supply of 21 million coins. #Elon Musk #Dogecoin #Bitcoin