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HomeCryptocurrencyAnswer from Dogecoin founder to Elon Musk: The price may rise.

Answer from Dogecoin founder to Elon Musk: The price may rise.

Dogecoin (DOGE) founder Billy Marks has excited investors by responding to a post by Elon Musk.

Dogecoin founder Billy Marks announced that he is looking forward to the day when the mainstream media will cover Dogecoin. Marks said he believes this will happen when Donald Trump wins the 2024 US presidential election.

dogecoin doge founder tweet

Elon Musk and media manipulation

Marcus recently defended Elon Musk from what he described as “media manipulation machines” and supported Musk on social media platform X. According to Marks, the media creates negative perceptions by mocking the honesty of transparent individuals like Musk. He described the situation as “sloppy and generic media portrayal”.

Marx, with a possible Trump victory, the mainstream media Dogecoin He said that he will have to deal more with altcoins as such. Stating that he awaits Musk’s response to the situation, Marks believes the development could pave the way for cryptocurrencies to gain more coverage in the mainstream media.

DOGE rise and “DOGE” connection

At a Trump rally in New York DogecoinMusk’s mention and introduction as co-founder of the “Government Efficiency” department triggered Dogecoin’s price surge. The DOGE acronym used in the department’s name is directly related to Dogecoin, Marks said. Dogecoin’s value increased by 31% within a week after Musk used the acronym.

The pose that Musk exhibited during a meeting in Pennsylvania, known as the “Doge Flex,” also had a positive effect on DOGE prices. Musk once again showed his interest in Dogecoin by sharing this pose as a joke on the X platform.

What’s the latest on the Dogecoin wheel?

Recently, WheelAlert reported that a Dogecoin wheel had withdrawn 247.29 million DOGE ($13.4 million) from Robinhood to an undisclosed wallet. The move sparked speculation in the market. Dogecoin’s breakout in technical analysis and Musk’s announcement of his plans for DOGE were also among the factors that boosted the cryptocurrency’s value.

Marks predicted that dogecoin prices could rise to $1 if Trump wins. While these predictions add to Marx’s support for Trump, the crypto community watches these developments closely.

This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.

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