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DOGE Price To Hit $0.1 Amid Musk’s Endorsements? Following his legal win, Elon Musk has ramped up his public endorsements of Dogecoin, sparking renewed investor interest. In a recent post on X, the tech mogul hinted at the potential return of DOGE payments for Tesla merchandise. When prompted by a user asking if Tesla should bring back DOGE payments, Musk simply replied, “ME” igniting speculation that Tesla could reintroduce the meme coin payments, possibly extending to its vehicles in the future. Meanwhile, this isn’t his first show of support for the meme coin. Earlier this year, he voiced his enthusiasm for the dog-themed meme coin at an event in Tesla’s Giga Berlin facility, affirming his belief in the cryptocurrency’s potential. His endorsements have consistently influenced the crypto’s market movements, and this latest series of comments add fuel to ongoing speculation. Further demonstrating his support, Musk engaged in another conversation about DOGE’s potential to address financial restrictions. When a X user suggested that the meme coin could fix systemic financial issues, Musk replied, “Hmm … you make a good point” further bolstering investor confidence in the crypto. Amid this, DOGE price soared nearly 4% to $0.09493, with its trading volume declining 19% to $546.11 million. Simultaneously, DOGE Options Open Interest soared 96% to $138.36K, CoinGlass data showed. On the other hand, a recent Dogecoin price analysis suggested that the meme coin could rally to $0.15 with a robust rally in a bull run. Follow Us Like Share Comment
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TRON Price As Market Shows Signs of Bullish Momentum; Is $0.3 The Next Stop? After Buffett’s Remarkable Gains TRON price sees a market rebound with bullish signs and increased trading volumes, suggesting a strong recovery and potential gains. FOLLOW uS Like Share
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Elon Musk Confirms “DOGE” Post Donald Trump Speech, Dogecoin Jumps Elon Musk Reaffirms DOGE Post Under Trump In a riveting turn of events, Elon Musk posted on September 7, a picture of him with the nameplate “DOGE.” The caption for the picture read- “Department of Government Efficiency.” This post comes in the aftermath of the Tesla CEO agreeing to Trump’s offer for a cabinet role should the Republican party win the elections. CoinGape Media reported that Donald Trump confirmed at the Economic Club that there will be a Government Efficiency Commission that Elon Musk will head. Altogether, the recent post has added to discussions amid the ongoing presidential campaigns. Linda Yaccarino, CEO at X, reacted to Musk’s post. Notably, the post comes soon after Donald Trump’s recent speech at The Economic Club New York, where in the Republican called out Kamala Harris for her taxation policies. Dogecoin Price Gains Dogecoin price embarked on an upward trajectory, gaining nearly 5% after hitting a 24-hour low of $0.08947 to trade at $0.09417 at press time. The coin’s intraday peak was $0.09777. Notably, Dogecoin’s futures OI jumped 0.59% within the 4-hour chart, while 0.14% in the 1-hour time frame, reaching $443.17 million. The slight uptrend in tandem with Musk’s post has garnered significant attention to the token. Crypto market watchers speculate if Trump’s win could spark a rally in Dogecoin as Elon Musk takes a government seat with DOGE position. Polymarket data currently shows the Republican’s winning odds at 51%, while Harris at 48%. Follow Us Like Share Comment
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Crypto Giveaway: Here’s the List of Altcoins Vitalik Buterin Plans to Donate ________ Vitalik Buterin to Layer 2 Proceeds Vitalik Buterin revealed that he will donate proceeds of the layer 2 project or other token projects to the public good within the Ethereum ecosystem or wider charities. This sparked speculations on the amount of altcoins the Ethereum executive intends to donate. Several crypto users flagged financial activities around the between accusing Buterin of dumping the asset for personal gains. In his response, he denied taking proceeds from sales since 2018 and stated that all sales were made to support projects he believed to be valuable. “I haven’t sold and kept the proceeds since 2018. All sales have been to support various projects that I think are valuable, either within the Ethereum ecosystem or broader charity (eg. biomedical R&D).” He noted that the donation will apply to all layer2 tokens he holds adding that he will not be investing in those projects but will with donations, especially in cases where the wider market might undervalue those projects. Looking at his holdings, it appears the Ethereum co-founder might donate Optimism (OP), Starknet (STRK), and Blast (BLAST) among others. A Move To Address Community Concerns Among the reasons for the donations, Vitalik Buterin explained that it would set an example and increase confidence among users. This goes to show that he is not a part of some plot to twist the network that drives benefits to him. Some users suggested that it would be better to invest in tokens and use the profits towards the community. In his response, he maintained that the donations could attract commitments to the ecosystem and humanity. Last week, Buterin denied selling ETH despite a decline in his holdings. Follow Us Like Share Comment Repost
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Terra Luna Classic Core Dev Reveals implementations!! will LUNC and USTC price rebound? Terra Luna Classic core developer on Friday said it has completed work on Tax2Gas, an upcoming major upgrade that will boost the network as well as LUNC price. The core developer added that the expected date of the upgrade is still unclear unless satisfaction in testing on rebel testnet. Terra Luna Classic’s Biggest Upgrade Tax2Gas Draws Near Genuine Labs, a core L1 developer of community-led blockchain Terra Classic, broke the silence after the community complained about the delay in the upgrade. The developer revealed that it resolved some internal issues among the team, which involved threats, harassment, and responsibility deviation. Major work on Tax2gas is completed. The team will further focus on testing on the rebel testnet until satisfaction is met to provide the Terra Luna Classic blockchain with a better upgrade. “We would like to address that any information coming from any participant that is not Genuine Labs or LUNCLIVE is misleading and in no way form or fashion a statement from Genuine Labs as we haven’t had any contact with anyone other person or entity,” said Genuine Labs. As MiconCrypto reported earlier, Tax2Gas upgrade is game-changing as it will resolve issues including contract developers’ need to calculate the burn tax manually. The issues are — clients or dApps have to calculate the tax themselves as the simulation endpoint only provides gas estimates. Migrating audited dApps becomes cumbersome due to these Classic-specific adjustments, leading to potential re-audits. Can LUNC and USTC Prices Rebound? Amid this major LUNC news, Terra Luna Classic ecosystem tokens are trading under support level despite opening of Shuttle Bridge by Terraform Labs and the plan to burn millions of tokens in wallets linked to the company’s and Luna Foundation Guard. Follow Us X / trend Like Share Comment Repost
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