DOGE has become popular recently, breaking through the $0.16 mark in one breath, and soaring 17% in 24 hours! This has to start with the US election. The Trump effect has reappeared, and DOGE has also caught this political express train and become the new favorite in Trump's trading portfolio.

Speaking of which, Musk has made an indispensable contribution to the popularity of DOGE.

Musk's support for Trump is not just talk, he has invested real money and has his own calculations. He hopes to achieve his political ambitions by supporting Trump, and at the same time, his business empire will also benefit from Trump's election.

I remember the last time DOGE was popular, Musk tweeted a picture of a dog barking at the moon. At that time, the price reached a high of $0.7. Musk is simply the spokesperson for DOGE, supporting it on Twitter many times and calling himself the "Father of Dogecoin". Under his leadership, DOGE successfully entered the top ten of cryptocurrency market capitalization.

This time, Musk came up with a new idea, proposing to set up a Department of Political Efficiency, abbreviated as D.O.G.E., a name given by the DOGE community. Trump also responded positively to this proposal, and the two sang the same tune, and DOGE coin became popular again, soaring by 30%.

To be honest, the potential of DOGE coin lies in its close ties with Musk.

Let's talk about the relationship between Musk and Trump. It is a win-win combination in politics and business. Trump needs Musk's technological strength and influence, and Musk needs Trump's policy support to realize his business and political ambitions. The two hit it off and tied their interests together.

If Trump is elected, Musk will get a lot of benefits.