Musk promotes Dogecoin again

It is worth noting that Musk has not forgotten his identity as the "Godfather of Dogecoin". As the US presidential election is approaching, he has publicly promoted Dogecoin again. He tweeted at 10 am this morning to share a picture of himself supporting Trump, wearing a "Make America Great Again" hat and shouting, and also shared a photo of a Shiba Inu making a similar move.

Dogecoin continues to rise - in the past 24 hours, it has become the best performing coin among the top 100 cryptocurrencies.

According to Coingecko data, the price of this original emoji coin reached nearly $0.167 on Monday afternoon, setting a record high in nearly five months. It last hit that price in early June.

Compared with this peak, DOGE has fallen slightly and is currently priced at $0.167. It has risen nearly 15% throughout the day and has become the currency with the largest increase in the top 100 cryptocurrencies by market value.

Musk expressed support for former US President Trump during Trump's re-election, and Trump said that if he wins the election next week, Musk may take a position in the government.

Trump mentioned that Musk would be in charge of a department called the Department of Governmental Efficiency (D.O.G.E.), which happens to be the same abbreviation as Dogecoin's trading code.

Since the incident, the asset has continued to rise, even more than it has in recent weeks after Musk mentioned D.O.G.E., and it is clear that these mentions have helped drive the price of the coin$DOGE #你问我答