Dogecoin

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Elon Musk

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<p class="is-style-lead">Elon Musk’s potential role in Trump’s administration sparks Doge army excitement as investors rush to buy Base Dawgz at the ground floor.</p> 
<p>The world is full of surprises, but no one thought we’d be talking about Dogecoin in U.S. presidential election.</p> 
<p>But here we are – Elon Musk might be taking a position in Donald Trump’s administration, and the Doge army is thrilled.</p> 
<h2 class="wp-block-heading" id="strong-trump-calls-musk-for-cabinet-musk-responds-with-dogecoin-meme-strong"><strong>Trump calls Musk for cabinet, Musk responds with Dogecoin meme</strong></h2> 
<p>Pinch yourself – this is actually happening. Dogecoin memes are a part of the 2024 U.S. elections. Reuters <a href="https://www.theguardian.com/technology/article/2024/aug/21/trump-elon-musk-cabinet-position" target="_blank" rel="">asked</a> Donald Trump if he’d appoint Musk to his cabinet should he win the election.</p> 
<p>“He’s a very smart guy,” he responded. “I certainly would, if he would do it, I certainly would. He’s a brilliant guy.”</p> 
<p>And Musk’s response? An AI-generated Dogecoin meme.</p> 
<p>He tweeted, “I am willing to serve” on X, along with an image of himself behind a podium for the Department Of Government Energy, or D.O.G.E. Musk’s response was on-brand, and it does not rule out the possibility of him taking a cabinet position.</p> 
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   <p lang="en" dir="ltr">I am willing to serve <a href="https://t.co/BJhGbcA2e0" target="_blank" rel="">pic.twitter.com/BJhGbcA2e0</a></p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1825723913051000851?ref_src=twsrc%5Etfw" target="_blank" rel="">August 20, 2024</a>
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<p>Moreover, it creates a previously unimaginable timeline. The business mogul would probably love nothing more than shilling Dogecoin from the Whitehouse.&nbsp;</p> 
<p>And regarding whether Musk would have the bandwidth for the role, we’ve already seen him on challenge after challenge, most recently buying X (formerly Twitter). It’d be business as usual for the infamous CEO.</p> 
<p>But what would this mean for Dogecoin?</p> 
<p>First off, we should note that unlike in Trump’s last presidential stint, he is notoriously welcome to crypto this time around. He’s even <a href="https://www.nbcnews.com/tech/crypto/trump-crypto-defi-teases-official-cryptocurrency-project-rcna167757" target="_blank" rel="">teased</a> launching his own project.</p> 
<p>The industry can expect no regulatory headwinds should he gain office.</p> 
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   <p lang="en" dir="ltr">Pretty sure I’ve never discussed crypto with Trump, although I am generally in favor of things that shift power from government to the people, which crypto can do</p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1796211398088810731?ref_src=twsrc%5Etfw" target="_blank" rel="">May 30, 2024</a>
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<p>Last cycle, Dogecoin hit an all-time high of $0.73, primarily driven by the support of Elon Musk. At the time, Musk’s main firepower was owning Tesla.</p> 
<p>This time, he’s also acquired X, the most prominent social media platform for financial topics, and he could be a member of the U.S. government.</p> 
<p>Moreover, if Trump wins, the regulatory landscape will be lenient, drawing more investors and liquidity to crypto.</p> 
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   <p lang="en" dir="ltr">The risk of not being positioned here going into a Trump win combined with rate cuts….is nuclear.<br><br>I don’t care if I lose every dime from here. The potential return from these lows in alts is once in a life time n worth the risk. The bet must be placed n held.</p>— Alex Becker 🍊🏆🥇 (@ZssBecker) <a href="https://twitter.com/ZssBecker/status/1826725399591899269?ref_src=twsrc%5Etfw" target="_blank" rel="">August 22, 2024</a>
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<p>Getting from $0.73 to $1 is a 36% increase. With all these extra catalysts on board, there’s every chance DOGE hits the mark.</p> 
<p>The price chart is also primed for growth. Well-known trader The Coach targets $1, noting that “the retest looks complete” after DOGE broke above a trendline resistance.</p> 
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   <p lang="en" dir="ltr">Retest complete, we should be turning up here… <a href="https://twitter.com/hashtag/doge?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="">#doge</a> <a href="https://t.co/rmBCBc3zGZ" target="_blank" rel="">pic.twitter.com/rmBCBc3zGZ</a></p>— The Coach 𝕏Đ (@thedogecoach) <a href="https://twitter.com/thedogecoach/status/1826574180004823446?ref_src=twsrc%5Etfw" target="_blank" rel="">August 22, 2024</a>
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<p>Right now, DOGE is trading at $0.1. Hitting $1 would mark a 10x gain. While impressive, it’s drastically less than in 2021. DOGE did more than a 70x that year.</p> 
<p>For those seeking similar gains, newer memecoins may be the way to go. One of the most promising is Base Dawgz, a new Doge-themed presale with some serious upgrades.</p> 
<p> You might also like: <a href="https://crypto.news/base-dawgz-nears-3m-as-traders-scramble-for-huge-staking-gains/"> Base Dawgz nears $3M as traders scramble for huge staking gains </a> </p> 
<h2 class="wp-block-heading" id="strong-multichain-memecoin-base-dawgz-nears-3m-at-presale-strong"><strong>Multichain memecoin Base Dawgz nears $3M at presale&nbsp;</strong></h2> 
<p>Investors are scrambling to buy <a href="https://cryptoecom.care/b_basedawgz-en_91285?referrer=can-dogecoin-hit-$1-with-a-donald-trump-win-and-elon-musk-in-a-cabinet-position" target="_blank" rel="">Base Dawgz</a> at the ground floor. The timing couldn’t be better. Memetic excitement is at a fever pitch, and Base Dawgz is just getting started.</p> 
<p>Moreover, it offers some massive advantages over legacy meme coins.</p> 
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<p>Most importantly, it has multichain functionality. Base Dawgz is available on Ethereum, Solana, Base, BSC, and Avalanche.</p> 
<p>While most memecoin prices are pinned to the popularity of their underlying blockchain, Base Dawgz’s chain-agnostic approach is like a unifying bet across all meme coin markets.</p> 
<p>It’s a captivating idea, and analysts are going crazy for it.</p> 
<p>The 99Bitcoins YouTube expects Dogecoin-like gains, saying it could 100x after launching on exchanges.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> <iframe title="BASE DAWGZ IS THE NEXT 100X GEM!? (Next Dogeverse?!) Presale Gem that has Crazy Potential" width="1020" height="574" src="https://www.youtube.com/embed/hfzzn64WCfY?start=25&amp;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
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<p>However, the analyst also highlighted that Base Dawgz has features like a staking mechanism and a referral scheme. Staking encourages users to lock up their tokens for passive rewards, which minimizes sell pressure.</p> 
<p>Meanwhile, “refer-and-earn” could amplify community growth by incentivizing users to share the project with friends and on social media. The Base Dawgz presale is ongoing and has raised almost $3 million. The current price is $0.008173, but this is expected to rise throughout the presale.</p> 
<p>For more information, <a href="https://cryptoecom.care/b_basedawgz-en_91285?referrer=can-dogecoin-hit-$1-with-a-donald-trump-win-and-elon-musk-in-a-cabinet-position" target="_blank" rel="">visit the Base Dawgz Presale website.</a></p> 
<p> Read more: <a href="https://crypto.news/traders-move-into-base-dawgz-presale-as-brett-leads-top-memecoin-gainers/"> Traders move into Base Dawgz presale as Brett leads top memecoin gainers </a> </p> 
<p> Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. </p>

Dogecoin could hit $1 if Trump wins and Musk gets the cabinet role

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