Amid Rally in Dogecoin Price, Doge Fan Elon Musk Talks About DOGE
Elon Musk once again indirectly talked about DOGE, grabbing the attention of Dogecoin investors.
The current trade price of Dogecoin is $0.1375, which is 24% higher over the last 7 days. The trade price graph clearly shows that Dogecoin’s price is rising steadily, indicating a potential bull run.
Elon Musk Touts DOGE
Elon Musk, a known supporter of Dogecoin, promoted it indirectly today by mentioning the “Department of Government Efficiency (DOGE)” under Donald Trump’s presidential campaign.
Though Musk didn’t directly refer to Dogecoin cryptocurrency, it’s widely believed that his promotion of DOGE helps Dogecoin’s popularity. Back in July, Musk stated his department would work on efficient use of taxpayers’ money.
DOGE-1 Satellite
Many are curious about the DOGE-1 Satellite, a project Musk promised in 2021 but is yet to launch. As the bull run approaches, the community eagerly awaits any updates on this space mission.
Dogecoin, initially created as a meme, has become a prominent digital asset, largely due to Elon Musk’s support. Over the years, Musk’s indirect endorsements, including subtle mentions of “DOGE” in various contexts, have had a profound influence on its market performance. His constant engagement with the community, whether through projects like the DOGE-1 satellite or playful mentions in political campaigns, keeps Dogecoin relevant in the crypto space. As Musk continues to be a key figure in the tech and crypto industries, many speculate that Dogecoin will maintain its upward trend in the upcoming bull run.
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