Elon Musk, who draws attention with his posts that sometimes contain mysterious messages and cause a sudden increase in the prices of relevant cryptocurrencies, made a post that can be interpreted as such.
Musk shared a “dog wearing a hat” post, which is believed by some in the cryptocurrency community to contain a message for dogwifhat (WIF). Since WIF's mascot is three dogs in hats, some segments of the cryptocurrency community interpreted Musk's message in this direction.
— Elon Musk (@elonmusk) March 17, 2024
Elon Musk's post includes three hatted dogs, and one of them is a Shiba Inu dog, which is the mascot of DOGE, SHIB and WIF altcoins.
After the sharing, there is an increase in the price of WIF:
However, whether Musk really meant WIF or St. It is not known whether he shared an ordinary post on St. Patrick's Day.
*This is not investment advice.