Tesla CEO Elon Musk, known for his support of Dogecoin, also attracts attention with his meme posts. Musk, who sometimes gives encrypted messages with his meme posts, has shared a new meme in recent hours.
This post was interpreted as Elon Musk accumulating Bitcoin (BTC).
At this point, on-chain analyst Willy Woo claimed that the meme image humorously shared on X by Tesla CEO Elon Musk could be interpreted as a coded message indicating that Musk was accumulating Bitcoin (BTC).
In the meme shared by Musk, he said that we are already in the time of “weak men create hard times” by saying “Hard times create strong men, strong men create good times, good times create weak men and weak men create hard times.”
Commenting on this post, Willy Woo stated that Musk's post was an encrypted message, implying that the famous billionaire was “accumulating Bitcoin”.
“This is an encrypted message. He says he is hoarding Bitcoin.
This is a Bitcoin meme. If you want to understand Elon, you have to talk meme.”
Elon Musk recently said that he accepts the value of BTC, DOGE and other cryptocurrencies, but will not promote any cryptocurrencies.
*This is not investment advice.