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Elon Musk’s potential role in the Trump administration has the Dogg Army excited as investors rush to buy Base Dawgz on the ground floor.
The world is full of surprises, but no one imagined that we would be talking about Dogecoin in the US presidential election.
But here we are – Elon Musk may be taking over the Donald Trump administration, and the Doge Army is very happy.
Trump Invites Musk to Run for Government Position, Musk Responds With Dogecoin Meme
Pinch yourself – this is already happening. Dogecoin memes are part of the 2024 US election. Reuters He asked Donald Trump whether he will appoint Musk to his cabinet if he wins the election.
“He’s a very smart guy,” he replied. “I certainly would, and if he did, I certainly would. He’s a brilliant guy.”
And what is Musk’s response? A Dogecoin meme created by artificial intelligence.
“I’m ready to serve,” Musk tweeted on X, alongside a photo of himself behind the government’s Department of Energy, or DOGE, podium. It was Musk’s response to the brand, and he’s not ruling out the possibility of a ministerial position.
Moreover, this creates a previously unimaginable timeline. The business mogul probably loves nothing more than to promote Dogecoin from the White House.
As for whether Musk has the ability to do this, we have already seen him in one challenge after another, most recently buying X (formerly Twitter). The notorious CEO is sure to continue on the same path.
But what does this mean for Dogecoin?
First, it should be noted that unlike Trump’s last presidency, he is very much welcome in the crypto space this time around. He even Annoyed Launching his own project.
The industry cannot expect any regulatory headwinds if he takes office.
In the last session, Dogecoin reached an all-time high of $0.73, mainly due to the support of Elon Musk. At the time, Musk’s main firepower was his ownership of Tesla.
This time, he also acquired X, the most popular social media platform for financial topics, and may be a member of the US government.
Furthermore, if Trump wins, the regulatory landscape will be lenient, attracting more investors and liquidity to cryptocurrencies.
Going from $0.73 to $1 represents a 36% increase. With all these additional incentives, there is every chance that DOGE will succeed.
The price chart is also set for growth. Popular trader The Coach is targeting the $1 level, noting that “the retest looks complete” after DOGE broke the trendline resistance level.
DOGE is currently trading at $0.1. Reaching $1 would mean a 10x gain. While that number is impressive, it is significantly lower than in 2021. DOGE gained more than 70x that year.
For those looking to make similar gains, newer meme coins may be the answer. Among the most promising is Base Dawgz, a new Doge-themed presale coin with some serious upgrades.
Memecoin Multi-Chain Token Base Dawgz Approaches $3 Million in Presale
Investors rush to buy Dogs Base On the ground floor. The timing couldn’t be better. The meme craze is at its peak, and Base Dawgz is just getting started.
Moreover, it offers some massive advantages over older meme coins.
Most importantly, it has multi-chain functionality. Base Dawgz is available on Ethereum, Solana, Base, BSC, and Avalanche.
While most memecoin prices are tied to the popularity of their underlying blockchain, Base Dawgz’s chain-independent approach is like a unified bet across all memecoin markets.
It’s a captivating idea, and analysts are going crazy over it.
YouTuber 99Bitcoins expects similar gains to Dogecoin, saying it could see a 100x gain after launching on exchanges.
However, the analyst also highlighted that Base Dawgz has features such as a staking mechanism and a referral system. Staking encourages users to lock their tokens for passive rewards, reducing selling pressure.
Meanwhile, the “refer and earn” feature could boost community growth by incentivizing users to share the project with friends and on social media. The Base Dawgz presale is still ongoing and has raised nearly $3 million. The current price is $0.008173, but this price is expected to rise throughout the presale.
For more information, Visit the Base Dawgz Presale website.
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