According to @elonmusk on Twitter, Elon Musk reiterated his support for Dogecoin and mentioned Bitcoin as a key digital asset. Musk stated that he still holds Dogecoin and believes in its long-term potential, which led to a 5% price surge in DOGE within hours of his comments (source: @elonmusk, Twitter, 2024-06). Bitcoin also experienced a brief uptick as traders reacted to Musk's positive stance. This direct endorsement from Musk, a high-profile influencer, continues to create short-term volatility and liquidity opportunities for active crypto traders, especially in meme coins and related altcoins.