United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Australia Enforces World-First Social Media Age Limit as Global Regulation Looms 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation 
IBM Nears $11 Billion Deal to Acquire Confluent in Major AI and Data Push 
A single meme tweet from Elon Musk set the crypto world buzzing, with Dogecoin’s value surging 16.8% this week. The viral post, reminiscent of Musk’s 2021 “DogeFather” moment, highlights his knack for intertwining humor, memes, and market impact.
Elon Musk Sparks a Meme Frenzy on X
Billionaire computer entrepreneur Elon Musk, who runs many major internet firms and owns the X social media platform, has released a "meme alert" that has ignited a firestorm of criticism from crypto enthusiasts and Musk's regular X followers.
Although Musk has the most followers on Twitter, his X account is where his legion of meme enthusiasts really shine. They go into overdrive whenever the tech billionaire tweets about memes, such as his many references to Dogecoin, a parody cryptocurrency.
Alien Meme Stirs Dogecoin and Bitcoin Fans
Elon Musk, CEO of Tesla, shared a meme in which aliens arrived on Earth with a singular purpose: "They want our memes!" This was stated by Musk in the tweet that accompanied the photograph he shared.
“Citizens of Earth. Give us your memes.” reads the caption beneath the picture.
People in the community were quick to react, creating memes to mock "the aliens." There were several that discussed Dogecoin. “There is no meme. Only Bitcoin,” another official account from the prominent US-based cryptocurrency exchange Kraken said. It also showcased an animated GIF featuring a lengthy green Bitcoin candle to serve as a reminder that BTC has been quite close to crossing the $100,000 mark today.
A Return to the "DogeFather" Persona
According to U.Today, just three days ago, the eccentric internet entrepreneur went back to his roots as a meme creator. In early 2021, he went by the moniker "The DogeFather," alluding to the famous crime thriller by Mario Puzo that Francis Coppola adapted for the big screen.
Musk also shared a photo of himself this time, imitating the protagonist Michael Corleone from the book/movie played by the young Al Pacino: a suit, a bowtie, and a white shirt.
Viral Tweets and Market Reactions
This particular tweet received an impressive number of likes (772,000), bookmarks (13,000), retweets (63,000), and comments (18,000).
This post and Musk's appearance on Saturday Night Live in April 2021 caused Dogecoin's price to reach a record high of $0.7. A lot of people think the tech mogul was hinting at his new initiative, the US Department of Government Efficiency, which he is leading to reduce massive government spending and expenditure.
In only one day this week, Dogecoin surged 16.8 percent, reaching a new all-time high of $0.41361.
