Elon Musk's Influence on DOGE

By July 2025, Elon Musk's influence on Dogecoin remains one of the most unique and discussed phenomena in the cryptocurrency world. His tweets, jokes, and direct statements supporting Dogecoin as the "currency of Earth" have repeatedly caused significant and sometimes dramatic fluctuations in the price of DOGE. For example, his decision to allow Tesla merchandise to be paid for in Dogecoin or statements about potential integration of DOGE into Twitter (X) had an immediate impact on the market. While such centralized dependence on one figure attracts criticism for unpredictability, it has also provided Dogecoin with an unprecedented level of publicity and recognition that would have been impossible to achieve by other means. #DOGE $DOGE