Dogecoin Founder Reveals Why He Wants Donald Trump To Win

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As a seasoned crypto investor with over two decades of market analysis under my belt, I find myself intrigued by the latest developments surrounding Dogecoin and its enigmatic founder, Shibetoshi Nakamoto (a.k.a Billy Markus). His recent public endorsement of Donald Trump for the 2024 US Election, coupled with his anticipation of mainstream media coverage for Dogecoin if Trump wins, has certainly piqued my interest.

A few days after Billy Markus, the creator of Dogecoin, spoke up in defense of Elon Musk against what he termed a “media spin machine,” he expressed on Twitter his eagerness for Musk’s response when mainstream media outlets are compelled to cover Dogecoin. According to Markus, this could occur if (when) Donald Trump wins the 2020 US Election.

He shared a humorous meme with a Roman soldier, in which Caesar pokes fun at another soldier, who is a muskie holding back laughter.

Dogecoin Founder Anticipates DOGE Media Coverage with Trump’s Victory

The creator of Dogecoin, who goes by the handle “Shibetoshi Nakamoto” online, has shown his backing for Elon Musk in a sequence of tweets, mentioning that mainstream media often skews an individual’s public perception among the general populace.

Previously, he shared his expectation about Elon Musk’s response when conventional media starts focusing on Dogecoin. Markus believes that traditional media will eventually report on cryptocurrencies, despite them not being mainstream in the past. But if Donald Trump, a well-known crypto supporter, wins the 2024 US Election, this trend could become standard practice.

“This is the single thing that has me most excited about a potential Trump victory,” he wrote.

He shared a humorous meme featuring a Roman soldier, where Caesar jokes with another soldier—Musk—who is trying to hold back laughter.

this is the single thing that has me most excited about a potential trump victory

— Shibetoshi Nakamoto (@BillyM2k) October 29, 2024

Markus believes that Musk’s openness can be misused by unscrupulous individuals. For years, he has been a strong supporter of Dogecoin, admiring Musk for his transparency in the public sphere. However, he also notes that Musk’s honesty is often manipulated to align with media narratives, making him an easy target. The creator of Dogecoin criticized the media portrayal of Musk as “lacking depth and dull.

Dogecoin Price Surges Amid Trump Rally Mentions and Whale Activity

The significant backing of Dogecoin’s creator towards Donald Trump might tip the scales in his favor for the 2024 presidential election. If this occurs and he assumes office, it’s possible that a new Department of Government Efficiency could emerge during his tenure. This potential development could potentially drive up the value of Dogecoin to reach $1.

Lately, Whale Alert disclosed that a significant Dogecoin investor (Dogecoin whale) transferred 247,29 million DOGE, equivalent to $13,4 million, from Robinhood to an unidentified digital wallet.

At present, Dogecoin is experiencing a significant surge towards the peak, driven by several factors. The suggestion from Elon Musk regarding Dogecoin and a technical breakthrough in its graph are giving the cryptocurrency a powerful boost.

At the Donald Trump rally in New York, the price of Dogecoin experienced a significant increase following Elon Musk’s unveiling as a co-founder of D.O.G.E., which also happens to be the acronym for the popular meme coin, subtly tying it to the event.

Every time Dogecoin is linked to Elon Musk’s Department of Government Efficiency, it tends to rise significantly, largely due to the similarity between ‘DOGE’ and the acronym D.O.G.E. In the week following Musk’s discussion about ‘DOGE’ at a town hall in Pennsylvania, Dogecoin experienced a 31% increase in just one week.

Apart from other factors, it’s possible that Dogecoin’s rise is connected to Elon Musk casually displaying the “Doge flex” during a rally. This influential figure posted a picture on his X platform, making it clear that he was indeed referencing the Doge meme with this pose.

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2024-10-29 21:02