Elon Musk waded again into the money-meets-energy debate on X at the moment, endorsing Bitcoin and Dogecoin.
The Tesla CEO replied to a viral ZeroHedge thread that framed synthetic intelligence as a government-funded arms race that can turbocharge financial debasement. “True. That’s the reason Bitcoin relies on power: you possibly can problem faux fiat foreign money, and each authorities in historical past has executed so, however it’s unimaginable to faux power,” Musk wrote, aligning BTC’s worth proposition with bodily energy constraints.
Minutes later, when neighborhood account Sir Doge of the Coin (@dogeofficialceo) added, “Dogecoin can also be primarily based on power,” Musk replied with a easy “💯,” his first express nod towards DOGE shortly, rekindling a long-running price-sensitivity query round his posts.
Dogecoin can also be primarily based on power pic.twitter.com/E8BMmAIdm9
— Sir Doge of the Coin ⚔️ (@dogeofficialceo) October 14, 2025
The market response, nevertheless, was muted. As of press time, Dogecoin traded close to $0.196, decrease on the day alongside broader crypto threat, with Bitcoin and Ethereum additionally within the pink. Bitcoin was down on the session close to $111k, whereas Ethereum slipped beneath $4k, underscoring a risk-off tape that doubtless blunted any “Musk impact” impulse.
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Musk’s DOGE remarks arrive amid a separate swirl of Dogecoin-adjacent headlines that caught Washington’s and Wall Road’s consideration over the past 48 hours. Consultant Matt Gaetz amplified a viral thread, asking, “Is DOGE about to develop into the world’s nice utility token? After being a meme?!” — a rhetorical riff that referenced information circulating a few deliberate public-markets pivot by Home of Doge because the “company arm” of the Dogecoin Basis.
Is DOGE about to develop into the world’s nice utility token?
After being a meme?! https://t.co/wVXO7eijss
— Matt Gaetz (@mattgaetz) October 13, 2025
Home of Doge intends to list on Nasdaq through a merger with Brag Home Holdings underneath the ticker TBH, they usually additionally tie Home of Doge to a rising Dogecoin treasury effort at CleanCore Options, newly branded on the NYSE American as ZONE. The October 13 releases additional assert that CleanCore now holds 730 million+ DOGE, focusing on as much as 1 billion DOGE within the close to time period and, longer-run, “as much as 5%” of circulating provide.
Why Hasn’t The Dogecoin Value Reacted Positively?
Traditionally, Musk’s DOGE interactions have triggered sharp, if usually fleeting, worth responses. Throughout late 2024, for instance, a single “true” reply in a payments-context thread coincided with a pop as merchants extrapolated X-payments tie-ins, and the October 2024 launch of a devoted account for its funds initiative on X.
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Extra lately, in June 2025, DOGE jumped 3% after Musk defused a political spat. The widespread denominator: reflexive liquidity and headline-driven order move that fades until there’s an actual influence on the meme coin. In the present day’s sequence suits that sample — a high-engagement Musk quip, quick social virality, however worth constrained by macro tape and the absence of a concurrent, verifiable product or coverage reveal.
So why didn’t DOGE “go to the moon” on the 💯? First, the tape issues. With majors heavy, meme-beta sometimes underperforms. Second, the data content material of the put up is modest: Musk endorsed an energy-based framing and acknowledged a neighborhood meme — not a brand new X Payments feature, not a Tesla-commerce integration, not a tangible DOGE settlement rail. Markets have discovered to distinguish between tone and transaction.
At press time, DOGE traded at $0.19862.
Featured picture created with DALL.E, chart from TradingView.com
