Elon Musk Said He’s Getting A Dogecoin Dog, But This Cryptocurrency Surged Instead

Elon Musk has shown that he is a strong supporter of Dogecoin, so much so that the Tesla CEO is now planning on getting the cryptocurrency’s mascot as a pet.

Dogecoin, created in 2013, rose to fame due to its symbol, an internet meme of a Shiba Inu dog. Musk said over the weekend that he plans to get the Japanese dog breed as a pet.

Musk made the proclamation in a tweet on March 13, simply saying he was getting a Shiba Inu and hashtagging the post “#resistanceisfutile.”

I’m getting a Shiba Inu #resistanceisfutile

— Elon Musk (@elonmusk) March 14, 2021

While Musk’s tweets have been known to send Dogecoin soaring in recent weeks, this tweet had a different effect on cryptocurrency. The price of Shiba Inu token was up nearly 300% instead of Dogecoin, Benzinga reported.

Dogecoin surpassed $0.06 over the weekend, according to the news outlet.

As of early Monday morning, Shiba Inu was priced at $0.00000008, up over 30%, while Dogecoin was trading at $0.05674, according to CoinMarketCap.

This was not the only Dogecoin tweet that Musk made over the weekend. The automotive entrepreneur said on March 13 that it was a “Doge day afternoon,” which he explained was an ancient Roman sacrifice of Dogecoins.

Origin of Doge Day Afternoon:
The ancient Romans sacrificed a Dogecoin at the beginning of the Doge Days to appease the rage of Sirius, believing that the star was the cause of the hot, sultry weather.

— Elon Musk (@elonmusk) March 13, 2021

Musk also tweeted about being “dogematic” in what may be another reference to Dogecoin.

Why are you so dogematic, they ask

— Elon Musk (@elonmusk) March 13, 2021

While it is unclear if Musk is truly bringing home a Shiba Inu as a pet, he is an animal fan. He previously said that he has “a big dog called Gatsby, a little dog called Marvin the Martian and a cat named Schrödinger.”

We have a big dog called Gatsby, a little dog called Marvin the Martian & a cat named Schrödinger

— Elon Musk (@elonmusk) April 29, 2019

Japanese Shiba Inu dog, the official mascot of the internet meme-centric cryptocurrency Dogecoin. Photo: Matt Cardy/Getty