#ElonMusk and #Dogecoin : How the Billionaire Became the 'Dogefather'

Dogecoin was once a joke, but the meme coin gained traction after Elon Musk backed it then he led DOGE under Trump. Here's a look back.

With Dogecoin making a comeback late last year and early into 2025, some may be pondering: Where did the asset come from? What's it for? And what's Tesla CEO Elon Musk got to do with it?

The original meme coin's boom largely has the world's richest man to thank. Musk's obsession with shitposting helped boost the coin to a top 10 cryptocurrency.

It's been a wacky ride over the past few years, culminating in Musk's appointment to lead a government agency called DOGE-yes, really. But we'll explain it all.