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Crypto Pet of Elon Mush, D.O.G.E inspires him!!
I created this fun meme earlier when President Trump passed an executive order recognizing Elon Musk's advisory department to the Government - D.O.G.E, it's stands for Department of Government Efficiency.
The DOGE is responsible for making recommendations on how the government can reduce wasteful expenditures and improve overall operations.
Of course, Elon Musk named this department after the crypto D.O.G.E coin!
Feeling nostalgic? D.O.G.E coin was one of the earliest meme coins in the crypto space, and Elon Musk has caught D.O.G.E's tail.
He seems to have adopted D.O.G.E and one can see him taking D.O.G.E around in the crypto world on a lease sometimes!
D.O.G.E jumps up during Trump's election victory period!
As one can see D.O.G.E upside price action happened during November 2024. When powerful hands of Trump's close aide like Elon Musk is there behind this once - humble Meme coin - obviously price fireworks during Trump's election victory period post-November 5th can be expected.
Some cryptos are good only when they are sizzling hot!
President Trump has his own pet crypto Meme coin - Trump official. It's just got the hands of America's most powerful, that's the merit of it(:
NFTs, crypto and Meme coins on popular celebrities always take off, when the trend is ripe but when the stream is gone, the coin itself becomes irrelevant because it has no fundamentals supporting it's value!
So, traders who buy those coins sensing this sort of trend, eat their food while it's hot because post that food loses its flavor, glamour whatever you call it!
Thank you for reading my post - Free imaginary D.O.G.E licks for you all!
!LOL
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