Musk's Bold Statement — "Can $2 Trillion Be Saved in the Future?"
As a staunch supporter of Dogecoin, Musk has played a key role in its growth. Some of his unique actions, such as establishing the "Department of Efficiency for Dogecoin," have successfully attracted a great deal of attention.
He has stated that if the U.S. can cut $2 trillion in spending, the effects would be significant; this statement has garnered praise on one hand and skepticism on the other. Musk's company, Tesla, has also contributed to the development of Dogecoin. In addition to accepting Dogecoin as a payment method, Tesla's balance sheet holds approximately 10,000 Bitcoins. Musk's influence is closely tied to the trajectory of Dogecoin, leading investors to speculate whether 2025 will be a breakout year for Dogecoin.
Although it seems a bit unrealistic for Dogecoin to soar to $23, reaching a market cap of a trillion dollars — after all, its current market cap is only $46.9 billion — this still ignited heated discussions and excitement in the market.
