Elon Musk Touts DOGE, Signaling a Potential Bull Run for Dogecoin Investors
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.
Elon Musk, the CEO of Tesla and SpaceX, once again indirectly mentioned Dogecoin (DOGE) in a recent tweet about Donald Trump's presidential campaign, highlighting the "Department of Government Efficiency (DOGE)." While Musk did not directly refer to the cryptocurrency, his mention of DOGE in this context has grabbed the attention of Dogecoin investors.
As of now, Dogecoin is trading at $0.1375, showing a 24% rise over the last 7 days. The trade price graph indicates a steady increase in Dogecoin's price, suggesting a potential bull run.
Dogecoin, created in 2013 as a meme, has gained significant popularity thanks to Elon Musk's support. Over the years, Musk's indirect endorsements, such as subtle mentions of "DOGE" in various contexts, have had a strong impact on its market performance. Musk's 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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