According to U.Today, tech centibillionaire Elon Musk has recently shown signs of interest in Cardano and its native coin, ADA. User @CardanoFeed tweeted a screenshot showing that Musk now follows his ADA news handle, welcoming him aboard. This comes as a surprise, as Musk is a firm supporter of Dogecoin and has often talked about Bitcoin. In 2021, Tesla acquired $1.5 billion worth of Bitcoin, pushing it to an all-time high in April that year. Tesla also accepted Bitcoin for a few months until Musk shut it down over controversial environmental concerns regarding Bitcoin mining.

However, in the comments thread, user @CryptoIRELAND1 hinted that this might be an April Fool's joke. Earlier, Musk tweeted that he has taken the position of chief DEI officer at Disney, which was also an April Fool's prank. The crypto community supported Musk's trolling attempt and started publishing memes to stress the so-called 'woke position' of Disney, Netflix, and other giants from various business areas when it comes to social policy in various spheres of life.

In other news, according to a recent tweet by crypto analyst Ali Martinez, Elon Musk's favorite cryptocurrency, Dogecoin, currently mirrors the pattern it followed between 2018 and 2021. In 2021, the original meme coin reached an all-time high, hitting $0.7376 on May 8. This historic peak was reached on the back of the Bitcoin ATH reached in April that year and due to Musk endorsing Dogecoin on the SNL show when he debuted. Now, Martinez believes that if Dogecoin is indeed following the same pattern, it could be in for a 'massive parabolic bull run!'