Dogecoin: 3 Ways Elon Musk Could Influence Doge’s Price Post Jan 20

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Elon Musk is each acceptable to presume authoritative duties of the D.O.G.E. department. The Department of Government Efficiency is simply a starring conception nether Trump’s regime, which volition soon beryllium liable for moderating governmental expenses and budgeting. However, Musk is making headlines chiefly owed to his adjacent relation with Dogecoin and however his D.O.G.E. departmental duties could propulsion DOGE to assertion caller highs. Here’s however Musk D.O.G.E duties tin straight interaction the token post-January 20th, 2025.

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3 Ways D.O.G.E. Proceedings May Influence Dogecoin

1. By Promoting The Token For Governmental Transactions

Dogecoin has ever been a cardinal item for Elon Musk. There are aggregate instances passim wherever Musk has mentioned Dogecoin officially, expressing his tendency to adhd the token connected aggregate nationalist platforms nether Musk’s leadership. However, present that Musk is acceptable to presume a caller governmental duty, Dogecoin whitethorn soon find a caller usage case. Musk could perchance usage Dogecoin for authorities oregon departmental transactions, which could yet assistance Doge surge to caller highs.

2. By Making The Token A Government-Backed Coin

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Another “ambitious” usage lawsuit that whitethorn soon materialize is the information that Dogecoin could look arsenic an authoritative government-backed token for the audiences to slope on. In a caller development, with 2 pro-crypto leaders similar Musk and Trump moving successful synchronization, Musk could officially delegate Dogecoin a caller status, giving it a government-backed coin repute to enactment with. This could usher successful a caller terms momentum for Doge, helping it assertion caller highs successful the process.

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3. Dogecoin Being Added to X Money

Another superior usage lawsuit that could assistance Doge surge to caller highs is its engagement with X money. X has already announced plans to unveil X money, with crypto being a cardinal constituent to beryllium utilized for transactions. If Musk announced Dogecoin arsenic a cardinal constituent added to X money, this could besides beryllium a crippled changer for Dogecoin, fueling its surge dissimilar thing else. In summation to this, if each these developments are materialized, Doge could deed a caller ATH of $1 per AI.