Home web3.0 Elon Musk's Potential Role in Trump's Administration Sparks Doge Army Excitement as Investors Rush to Buy Base Dawgz at the Ground Floor

Elon Musk's Potential Role in Trump's Administration Sparks Doge Army Excitement as Investors Rush to Buy Base Dawgz at the Ground Floor

Aug 24, 2024 am 09:43 AM
dogecoin Trump Musk Cabinet

The world is full of surprises, but no one thought we’d be talking about Dogecoin in U.S. presidential election.

Elon Musk's Potential Role in Trump's Administration Sparks Doge Army Excitement as Investors Rush to Buy Base Dawgz at the Ground Floor

Elon Musk’s potential role in Trump’s administration has sparked excitement among the Doge army, with investors rushing to buy Base Dawgz at the ground floor.

The world is full of surprises, but no one thought we’d be talking about Dogecoin in U.S. presidential election.

But here we are – Elon Musk might be taking a position in Donald Trump’s administration, and the Doge army is thrilled.

Pinch yourself – this is actually happening. Dogecoin memes are a part of the 2024 U.S. elections. Reuters asked Donald Trump if he’d appoint Musk to his cabinet should he win the election.

“He’s a very smart guy,” he responded. “I certainly would, if he would do it, I certainly would. He’s a brilliant guy.”

And Musk’s response? An AI-generated Dogecoin meme.

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.

I am willing to serve pic.twitter.com/BJhGbcA2e0

Moreover, it creates a previously unimaginable timeline. The business mogul would probably love nothing more than shilling Dogecoin from the Whitehouse.

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.

But what would this mean for Dogecoin?

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 teased launching his own project.

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

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.

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.

Moreover, if Trump wins, the regulatory landscape will be lenient, drawing more investors and liquidity to crypto.

The risk of not being positioned here going into a Trump win combined with rate cuts….is nuclear.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.

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.

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.

Retest complete, we should be turning up here… #doge pic.twitter.com/rmBCBc3zGZ

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.

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.

Multichain memecoin Base Dawgz nears $3M at presale

Investors are scrambling to buy Base Dawgz at the ground floor. The timing couldn’t be better. Memetic excitement is at a fever pitch, and Base Dawgz is just getting started.

Moreover, it offers some massive advantages over legacy meme coins.

Most importantly, it has multichain functionality. Base Dawgz is available on Ethereum, Solana, Base, BSC, and Avalanche.

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.

It’s a captivating idea, and analysts are going crazy for it.

The 99Bitcoins YouTube expects Dogecoin-like gains, saying it could 100x after launching on exchanges.

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.

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

The above is the detailed content of Elon Musk's Potential Role in Trump's Administration Sparks Doge Army Excitement as Investors Rush to Buy Base Dawgz at the Ground Floor. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Roblox: Bubble Gum Simulator Infinity - How To Get And Use Royal Keys
3 weeks ago By 尊渡假赌尊渡假赌尊渡假赌
Nordhold: Fusion System, Explained
4 weeks ago By 尊渡假赌尊渡假赌尊渡假赌
Mandragora: Whispers Of The Witch Tree - How To Unlock The Grappling Hook
3 weeks ago By 尊渡假赌尊渡假赌尊渡假赌

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1670
14
PHP Tutorial
1274
29
C# Tutorial
1256
24
XRP, Cardano, and Solana Outperform Bitcoin (BTC) as Ripple CEO Links Their Success to the Recent U.S. Presidential Election XRP, Cardano, and Solana Outperform Bitcoin (BTC) as Ripple CEO Links Their Success to the Recent U.S. Presidential Election Nov 16, 2024 pm 06:46 PM

Brad Garlinghouse, CEO of Ripple, linked the success of U.S.-based cryptocurrencies to the outcome of the recent presidential election during a discussion with FOX Business anchor Liz Claman.

WallitIQ (WLTQ): Investors Positioning For A 34,000% ROI As Dogecoin And Shiba Inu Prices Compete For Dominance WallitIQ (WLTQ): Investors Positioning For A 34,000% ROI As Dogecoin And Shiba Inu Prices Compete For Dominance Nov 15, 2024 pm 12:00 PM

The crypto industry is now in a full bullish mood where traders are looking for the best cryptocurrency to get in on. This bullish mood has seen the Dogecoin price and Shiba Inu price compete for dominance among both retail and institutional investor

Bitcoin Price Forecast: $100K Rally in Sight as Whales Load Up, Trump Touts DOGE Bitcoin Price Forecast: $100K Rally in Sight as Whales Load Up, Trump Touts DOGE Nov 15, 2024 am 12:16 AM

As seen above, Bitcoin recorded 5,095 whale transactions worth at least $1 million each on November 12. This represents a 396% increase from the

Dogecoin's $1 Milestone Still Within Reach, Market Expert Reiterates Bullish Forecast Dogecoin's $1 Milestone Still Within Reach, Market Expert Reiterates Bullish Forecast Nov 19, 2024 am 03:30 AM

Dogecoin's recent significant price surge may have slowed down, leading to a brief price pullback after hitting the $0.42 level. However, the dog-themed meme coin's rally could only be the beginning

Dogecoin and Cardano Soar as Bullish Sentiment Grows, While Analysts Eye Lunex Network for Massive DEX Token Potential Dogecoin and Cardano Soar as Bullish Sentiment Grows, While Analysts Eye Lunex Network for Massive DEX Token Potential Nov 17, 2024 am 06:34 AM

Throughout the bull run, different crypto's will surge at different times. Dogecoin and Cardano are already soaring before Bitcoin surpasses the $100,000 milestone

Dogecoin (DOGE) Price Prediction: DOGE Eyes 200% Surge to $1.16 as Miners Capitulate Dogecoin (DOGE) Price Prediction: DOGE Eyes 200% Surge to $1.16 as Miners Capitulate Nov 20, 2024 am 03:56 AM

Dogecoin [DOGE] is undoubtedly the best performer among legacy meme coins in Q4, with over 230% gains as of press time.

Dogecoin (DOGE), Ripple (XRP), and Bitcoin (BTC) Price Today – November 17, 2024 Dogecoin (DOGE), Ripple (XRP), and Bitcoin (BTC) Price Today – November 17, 2024 Nov 17, 2024 pm 10:08 PM

On November 17, 2024, the latest exchange rates of Dogecoin (DOGE), Ripple (XRP), and Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported.

Dogecoin (DOGE) Might Overtake Solana (SOL) to Claim the Fourth Spot, Analysts Speculate Dogecoin (DOGE) Might Overtake Solana (SOL) to Claim the Fourth Spot, Analysts Speculate Nov 15, 2024 pm 06:28 PM

Despite being separated by only one position in market rankings, the gap between Dogecoin and Solana has become a talking point for investors.