crypto for all
Join
A
A

Crypto: Dogecoin Surges 6% After This Announcement by Elon Musk!

Wed 21 Aug 2024 ▪ 3 min read ▪ by Eddy S.
Getting informed Regulation Crypto

The price of the crypto Dogecoin (DOGE) experienced a significant increase of 6% following a reaction from Elon Musk to a job offer by Donald Trump’s cabinet. The former U.S. president, during a campaign stop, mentioned that he would consider giving Musk an important role in his administration if re-elected. This announcement quickly made the rounds on social media, sparking numerous reactions.

Crypto Dogecoin Elon Musk

Elon Musk accepts Donald Trump’s proposition

On the platform X (formerly Twitter), a user suggested that Musk could lead the “Department Of Government Efficiency” (DOGE), a pun referring to the crypto dogecoin. Elon Musk, known for his sense of humor and his support for Dogecoin, responded to this post by stating: “Perfect name.” This simple reaction was enough to ignite the crypto community!

Subsequently, Elon Musk officially accepted Donald Trump’s offer. In response to the offer, Musk stated: “I am ready to serve,” thus confirming his commitment to play a key role in Trump’s administration.

Since this announcement, discussions around Dogecoin and Musk’s potential involvement in a future Trump government have multiplied. Pro-crypto Trump supporters and Musk fans have expressed their enthusiasm, with some even predicting that this collaboration could “save America.”

Crypto: Dogecoin surges by 6%!

Following the announcement of Elon Musk accepting Donald Trump’s proposition, the price of Dogecoin (DOGE) climbed significantly. In a matter of hours, the value of the crypto increased by 6%, currently trading around $0.1052. This reflects the investor enthusiasm and Musk’s strong influence on the crypto market.

The reaction of Elon Musk to Donald Trump’s offer had an immediate impact on the price of Dogecoin, highlighting the importance of influential personalities in the crypto world. As the U.S. presidential campaign continues, it will be interesting to see how this dynamic evolves and what role Dogecoin might play in this unique political context.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.



Join the program
A
A
Eddy S. avatar
Eddy S.

Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs et décontractés à la fois.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.