Musk has made a statement on social media: he intends to reclaim the title of 'father of Dogecoin' and predicts that 10,573,853,772 will soon see a surge, pushing this coin to new highs!
Dogecoin has been extremely popular lately, having risen 175% in just one month, directly entering the top ten by market capitalization in the cryptocurrency world.
There is even more exciting news, stating that if the market can break through a certain key point, Dogecoin could rise another 120%, with the price shooting up to $0.82, provided it maintains a bottom line of $0.37.
Looking at Binance, traders who are going long on Dogecoin are full of confidence, with 73% having bought in for a rise, which is significantly more than those betting against it.
Musk himself has claimed that he is the 'father of Dogecoin.' Remember last year when he mentioned it on that TV show, and the price immediately skyrocketed? Although it hasn't returned to that high yet, everyone believes that day isn't far off!
Even Trump has jumped into the fray, stating that the Republican Party has been eyeing Dogecoin as a target. He also mentioned that before the elections, they will support cryptocurrencies and strengthen regulations to make the U.S. crypto industry thrive!
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