Dogecoin (DOGE) has surged over 21% in the past week!! What are the potential positives for Dogecoin:
Trump announced the establishment of a new government agency named the Department of Government Efficiency (DOGE), which will officially launch after he takes office, and appointed Elon Musk, known as the godfather of Dogecoin, and Vivek Ramaswamy to lead the agency. Although it’s just a similar name, it cannot be ruled out that there will be a pump effect.
In the future, Dogecoin may launch a Dogecoin ETF!! Currently, the world's first Dogecoin-related ETP fund has been listed in Sweden!!
The biggest variable still lies with Musk; how much Dogecoin rises completely depends on how Musk promotes it.