The new White House administration could mark a pivotal chapter in the history of crypto, with major implications for the entire industry.
Bitcoin is inching closer to the $100,000 milestone, sitting just $4,000 shy of this historic benchmark. It’s clear that a new era for digital assets is unfolding.
Adding fuel to the excitement, Elon Musk’ssupport for Trump during the campaign has sparked curiosity across the crypto world.
Many are now wondering just how far Dogecoin and other major cryptocurrencies could go in this environment.
Amid these changes, the focus is also shifting toward projects that aim to expand blockchain capabilities.
For instance, innovations like hybrid Layer-2 solutions are pushing the boundaries of what’s possible on established networks.
DOGE Could “Go To The Moon” With Elon Musk In Office – The $1 Milestone Could Be Very Possible In The Near Future
The spotlight is back on the crypto market as Donald Trump’s return to office creates a buzz around decentralized finance.
His pro-crypto stance has already sent ripples through the market, with coins across the board seeing notable gains this month.
However, the real excitement centers on the meme coin market, led by Dogecoin, which has experienced a remarkable surge over the past two weeks.
DOGE has soared by over 57%, with its price now hovering around $0.04319.
Adding to the optimism, recent news of Elon Musk taking the reins of the newly announced Department of Government Efficiency (D.O.G.E.) has reignited enthusiasm for Dogecoin.
While unrelated to cryptocurrency, the announcement was enough to drive a fresh wave of interest, pushing DOGE closer to a potential all-time high.
Speculation is also growing around X potentially accepting Dogecoin as a payment method, fueling predictions that this meme coin could hit the elusive $1 mark by the end of 2025.
As interest in meme coins peaks, some investors are looking for projects with broader utility.
The answer could be in PlutoChain ($PLUTO)as it offers a hybrid Layer-2 solution that brings smart contracts to Bitcoin, enabling applications like DeFi, NFTs, and more – all within the world’s most secure network.