Elon Musk Confirm "DOGE" Post Donald Trump Speech Dogecoin Jumps
đš Elon Musk, DOGE, & Trump 2024 Whatâs Happening?
In an unexpected twist, Elon Musk dropped a bombshell on *X* with a post showcasing a nameplate that reads âDOGEâ â but not the Dogecoin we know. This time, DOGE stands for the Department of Government Efficiency, reaffirming Muskâs plan to join Donald Trumpâs team as an advisor if Trump wins the 2024 U.S. elections. đ
This comes after Trump confirmed that Musk would lead a **Government Efficiency Commission** under his administration, stirring up conversations about the tech billionaire's potential political role.
đĄ So, howâs Dogecoin doing?
As always, when Elon Musk is involved, Dogecoin's price reacted to this news! After hitting a 24-hour low of $0.08947, the meme coin surged by 5%, trading around $0.09417 at the time of writing. The futures open interest for Dogecoin also spiked, showing an increase in market attention.
đ Is this a sign of more price action to come? Market speculators are already buzzing about the potential impact of Trumpâs win on Dogecoin, especially if Musk lands this key position. Could we see a DOGE rally if Trump is victorious in 2024?
âĄïž Keep your eyes on the market and the polls!