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Popular dog-themed meme coin, Dogecoin (CRYPTO: DOGE) ticked upwards Monday overnight after one of its biggest endorsers, Tesla CEO Elon Musk, posted an AI-generated image referencing the cryptocurrency. What Happened: In an X post, Musk shared a picture, showing him behind a mic stand with the words D.O.G.E, standing for Department of Government Efficiency. “I am willing to serve,” read the caption to the post shared from his official handle. Within minutes, DOGE started to trend upwards, taking its 24-hour gains to 3.56% at the time of writing. The canine coin’s trading volume surged 44.33% …

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