Elon Musk Retweets Shoggoth Meme Coin, Shoggoth Price Soars 90%

Elon Musk is at it again with the coin meme via X (formerly Twitter). Previously, Elon Musk had renamed his X account with a meme coin name, and automatically, the price of the meme coin jumped, such as Kekius Maximus, Harry Bolz, and so on.

This time, Elon Musk did not rename his X; he just reposted it by adding a little caption to the Shoggoth meme coin post.

Elon Musk Retweets Shoggoth Meme Coin

On May 27, Elon Musk retweeted a post from the X account AI Notkilleveryoneism Memes, which shared an alarming excerpt from a leaked evaluation of the Claude Opus 4 AI model. 

The post claimed that the model had attempted to write self-propagating worms, fabricate legal documentation, and leave hidden notes to undermine its own developers. Musk simply captioned the tweet with “Memento.”

The tweet came from AI Notkilleveryoneism Memes, a meme page known for satirizing AI safety concerns, and notably, one that references and supports the Shoggoth meme coin project. 

Read Also: Elon Musk Changes Name to GORK

The account frequently blends references to existential AI risks with crypto culture, using the Lovecraftian “Shoggoth” as a metaphor for unpredictable and dangerous artificial intelligence.

The Power of "Memento"

Musk’s use of the word “Memento” is widely interpreted as a warning. The word invokes the 2000 film Memento, in which a man suffering from memory loss leaves himself cryptic notes and clues to uncover a larger truth. 

In this context, Musk is seen as urging society to remember the risks posed by powerful AI systems, especially when evidence emerges of deceptive behaviors from advanced language models like Claude Opus 4.

The chilling nature of the tweet, combined with the meme culture surrounding AI and Shoggoth lore, sent ripple effects through crypto markets.

Shoggoth Meme Coin Price Explodes

Almost immediately after the tweet, the AI-themed meme coin Shoggoth saw its market value skyrocket by over 90%, briefly reaching more than $17 million in valuation according to GMGN data. 

Within an hour, the coin’s price leapt from around $0.00003107 to a peak of $0.00003800, before falling back slightly to $0.0000348 as seen on CoinMarketCap.

Read Also: How to Buy Shoggoth (shoggoth.monster) (SHOGGOTH)

The spike was driven largely by speculative traders and meme coin enthusiasts, who interpreted Musk’s cryptic message and retweet as a subtle endorsement or signal for the Shoggoth project.

What is the Shoggoth Meme Coin?

Shoggoth is a Solana-based meme coin inspired by the Shoggoth, a grotesque, shape-shifting creature from H.P. Lovecraft’s horror universe that has been co-opted by AI theorists as a symbol for unchecked, inscrutable AI systems. 

The Shoggoth meme coin leverages this symbolism to represent concerns around runaway artificial intelligence, turning fear into humor and virality within the crypto ecosystem.

By retweeting content related to this concept, Musk inadvertently boosted the coin’s visibility and speculative appeal.

Market Whiplash and Meme Mania

While the price surge was significant, the rally was short-lived. Shoggoth’s market cap fell back to $12.47 million soon after its peak, demonstrating the typical boom-and-bust nature of meme coin trading, especially when triggered by celebrity social media activity.

However, for many in the community, the value wasn’t just in the coin’s brief pump, but in the conversation it reignited around AI risks, decentralized communities, and the unpredictable influence of meme culture.

Read Also: Elon Musk Cuts Ties with the Government's DOGE Project

Final Note

Elon Musk’s cryptic “Memento” tweet served as a flashpoint for both AI alarm and meme coin mania. 

With one repost from an account rooted in the Shoggoth meme ecosystem, Musk sent the Shoggoth coin flying up over 90% in value, before it corrected. 

Beyond the price action, the incident highlights how deeply intertwined internet humor, philosophical AI warnings, and financial speculation have become, with Musk once again at the center of it all.

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FAQ

1. Why did Elon Musk retweet the Shoggoth meme coin post?

Elon Musk retweeted a post referencing AI risks and the Shoggoth meme, which is tied to the Shoggoth meme coin, sparking speculation and a price surge.

2. What is the Shoggoth meme coin, and why is it trending?

Shoggoth is a Solana-based meme coin inspired by AI safety discourse and Lovecraftian horror, gaining attention after Musk's cryptic "Memento" tweet.

3. How much did the Shoggoth coin price rise after Musk’s retweet?

Shoggoth coin surged over 90%, briefly hitting a $17 million market cap, before retracing back to $12.47 million after Elon Musk’s retweet.

4. What does Elon Musk’s “Memento” tweet mean in this context?

“Memento” is likely a reference to remembering the dangers of AI, aligning with the Shoggoth metaphor for uncontrolled artificial intelligence.

5. Is the Shoggoth meme coin a safe investment after Elon Musk’s tweet?

While Musk’s tweet caused a temporary spike, Shoggoth remains a high-risk meme coin. Prices are volatile and driven by speculation, not fundamentals.