Elon Musk has reignited interest in Dogecoin by reviving his 'Dogefather' meme with an AI-generated video parody of 'The Godfather'. Posted on March 19, the clip features Musk as Vito Corleone using Grok Imagine.
The post sparked excitement across the crypto community, recalling Musk’s past influence that drove sharp DOGE rallies, notably during his 2021 Saturday Night Live appearance. Many had questioned whether he had abandoned the memecoin.
Despite the buzz, Dogecoin’s price remained flat, dropping to $0.0918 that afternoon-below the $0.10 mark it recently reclaimed. Market reaction suggests diminished sensitivity to Musk’s endorsements compared to earlier years.