An old interview video of Elon Musk related to cryptocurrencies is spreading again on X, formerly Twitter, reviving attention to his remarks about Bitcoin and Dogecoin.

On June 15, blockchain media outlet The Crypto Basic reported that the video drawing renewed notice is a clip from a 2024 podcast interview, recently shared by Bitcoin supporter Jack Caroll.

In the video, Musk drew a line by saying he does not actively promote cryptocurrencies. "I'm not going to promote cryptocurrencies," he said. "If it looks like I'm promoting crypto, that's someone impersonating me," he said.

At the same time, he acknowledged some value in Bitcoin. Musk said some cryptocurrencies, including Bitcoin, have certain advantages. He also said he has a bit of affection for Dogecoin because he likes dogs and memes.

As the video spread again, X saw debate over how to interpret Musk's remarks. X user James Voltz said such comments do not mean support for XRP and that Tesla, SpaceX and Musk do not appear to be defending XRP.

Musk's relationship with Dogecoin is also drawing renewed notice. Early this year, Musk raised expectations around memecoins by saying SpaceX could land on the moon as early as 2027 and send a "real Dogecoin". He later replied "maybe next year" to an X post that mentioned his 2021 promise again. He also responded "yes" to a post saying "Dogecoin going to the moon is inevitable." He has maintained, however, that he is not someone who actively promotes cryptocurrencies.

Even so, his remarks still draw market attention. Bitcoin and Dogecoin remain digital assets most frequently linked to Musk's public comments.

The renewed spread of the video also coincided in timing with a shift in Musk's personal standing. On June 12, Musk became the world's first $1 trillion asset holder after SpaceX's listing. SpaceX carried out its initial public offering on Nasdaq under the ticker SPCX at $135 a share, and the stock later rose to $165, up about 22 percent from the IPO price. The rise lifted the company's value above $2 trillion.

Before the listing, Musk's estimated net worth was about $813 billion. With the rise in SpaceX's share price, his wealth exceeded $1 trillion. That widened his gap with other billionaires such as Larry Page and Larry Ellison.

Ultimately, the resurfacing shows again that Musk keeps his distance from promoting cryptocurrencies while still remaining a figure whose remarks on Bitcoin and Dogecoin generate market interpretation. With Musk's influence growing further after SpaceX's listing, the possibility also remains that each of his comments could again be consumed as a catalyst for price gains in the cryptocurrency market.

ELON MUSK: "I'm not going to be promoting crypto, at most, in a joking way. If you see me pumping crypto, it's not me. I do think there's merit in Bitcoin. I've sort of got a soft spot for Dogecoin because I like dogs and memes." pic.twitter.com/19oGGn4NY2