• Elon Musk is a Dogecoin evangelist
  • Dogecoin was trading down 4.25% at $0.08802 as of 3:14 a.m. ET Thursday
  • SHIB was trading down 6.09% at $0.00001331 as of 3:14 a.m. ET Thursday

Tesla's Elon Musk and Shiba Inu's Shytoshi Kusama have posted something similar on Twitter, leaving the crypto community puzzled.

Musk and Kusama are both high-profile personalities, with the former popular for his ground-breaking tech companies and the latter being the pseudonymous lead developer of the popular dog-themed altcoin Shiba Inu.

Musk is also known for his amusing tweets on the social media platform he acquired last year, and one of his most recent tweets has created a buzz anew, baffling his 128 million followers.

The tweet does not actually say anything, as it only contains one symbol: a dot.

Interestingly, Kusama previously updated his Twitter bio by also putting nothing but a dot in it.

This was pointed out by an eagle-eyed Shib Army with the Twitter handle @kuro_9696_9696 who shared the screenshot of the said bio of Kusama from December 2022.

Musk's tweet, which has so far been retweeted more than 21,000 times and garnered nearly over 330,000 likes, has sparked speculations.

Unfortunately, neither Kusama nor Musk has said anything about what their cryptic posts really mean.

Musk, who is a vocal advocate of the world's first meme coin Dogecoin, played a crucial role in the popularity of the crypto asset and even helped it reach its all-time high price in May 2021.

Last month, Dogecoin rallied when news broke out that Musk had created a team to build Twitter's payments system with a design that would allow the integration of cryptocurrency functionality in the future.

Many believed that integrating a payment system with Twitter was in preparation for the tech billionaire's plan to transform the social media platform into an "everything app."

Kusama, on the other hand, is currently working with the Shiba Inu development team and Unification in preparation for the highly anticipated launch of Shibarium. The initiative is a layer-2 scalability solution that promises more efficient transaction processing and much lower gas or transaction fees.

Both Dogecoin and Shiba Inu have seen impressive price performance over the past weeks.

As of 3:14 a.m. ET Thursday, Dogecoin was trading down 4.25% at $0.08802 with a 24-hour volume of $590,940,583.

As for SHIB, the native token of the Shiba Inu ecosystem, it was trading down 6.09% at $0.00001331 with a 24-hour volume of $432,035,067, based on the latest data from CoinMarketCap.

Elon Musk tweeted "Yikes. Def not me" about a deepfake video of him supposedly promoting a new cryptocurrency scam