Elon Musk, a prominent tech entrepreneur, recently expressed support for Dogecoin, which has led to a surge in meme coin activity. Musk responded to a tweet by Melissa Chen about the humorous pronunciation of 'DOGE' by journalists.
This interaction has significantly boosted the morale of the Dogecoin community and contributed to a market rally.
The increased interest in Dogecoin following Musk's tweet demonstrates the influential role his endorsements can play in the cryptocurrency market.
