“The first cryptocurrency has its advantages, as perhaps some other crypto assets, but I do not intend to pump any digital asset, at best as a joke,” said Elon Musk.

He added that he sympathizes with the Dogecoin (DOGE) memecoin, as he likes dogs and memes related to them.

Musk called on the crypto community to very carefully check whether his alleged statements on social network X regarding cryptocurrencies or crypto platforms are real.

Thus, earlier, attackers published a fake video on YouTube, passing it off as Musk’s official speech at the Bitcoin 2024 conference, where he promised a free distribution of various crypto-assets.

Recall that Tesla (NASDAQ:TSLA) and SpaceX hold bitcoins on their balance sheets, and the businessman has repeatedly stated that he can use the first cryptocurrency as a means of payment for a future Martian colony.