Dogecoin Price, Investment Today: Elon Musk Issues Ethereum and Bitcoin Warning, Gives Boost to Meme Coin Tesla CEO Elon Musk came to Dogecoin's rescue Friday with a tweet that led to a 5.47 percent rise in the meme-based coin's value. Photo : Crystal Mapes/Unsplash After the Dogecoin price fell to a steep 10 percent on Thursday, guess who would come to the rescue? Tesla CEO Elon Musk tweeted about the meme-based cryptocurrency edging out Bitcoin and Ethereum with a propsed protocol change, and the Dogecoin value sprung up once more, Fortune reported. As of writing, Dogecoin is up 5.47 percent in the last 24 hours to $0.22 a coin, according to Coindesk.