Trump-Musk Bromance Heats Up as Former President Moots Government Role for Billionaire Beau
- 王林Original
- 2024-08-20 18:01:17850browse
Hot on the heels of their rambling chat last week, former President Donald Trump now seems open to offering his new billionaire beau a government position if reelected.
Former President Donald Trump has expressed openness to appointing Elon Musk to a government position if reelected, following their recent interactions on X.
The exchange began when a user joked about Musk being appointed to the “Department of Government Efficiency,” abbreviated as D.O.G.E, in reference to Musk's favorite cryptocurrency.
Musk responded by calling it a “perfect name” and sharing an AI-generated image of himself at a podium with the D.O.G.E. initials emblazoned in front of him, adding the caption “I am willing to serve.”
Both Trump and Musk have significant influence within the crypto community, with their actions and comments credited with driving price surges in various tokens, particularly in the emerging realm of political memecoins.
As the 2024 election approaches, these tokens have gained increasing attention. CoinGecko data reveals that political-themed tokens like MAGA (TRUMP), Doland Tremp (TREMP), and Kamala Horris (KAMA) now collectively boast a market cap of over $505 million, with a 24-hour trading volume of more than $136 million.
However, Musk's latest promotion of Dogecoin on X had surprisingly little impact on the coin's price, with a gain of only 5% in the last 24 hours.
This contrasts sharply with previous instances where Musk's tweets and actions led to substantial price surges. In October 2022, Dogecoin soared over 70% as Musk completed his acquisition of Twitter, now known as X.
Moreover, changing the X logo to a picture of Kabosu, the shiba inu dog featured in the Dogecoin logo, in April 2023 led to a price increase of more than 30%.
Meanwhile, Trump, who has positioned himself as a pro-crypto candidate, continues to ramp up his involvement in space despite once being a skeptic.
He recently gave a speech at the Bitcoin Conference in Nashville and is preparing to launch his fourth NFT collection. His sons are also reportedly working on a new crypto project, though details remain limited.
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