Home Crypto News Dogecoin Founder Shares Why He Supports a Donald Trump Victory

Dogecoin Founder Shares Why He Supports a Donald Trump Victory

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Dogecoin co-founder Billy Markus shared that he eagerly awaits Elon Musk’s reaction if mainstream media is compelled to cover Dogecoin, particularly if Donald Trump wins the 2024 election.

DOGE Founder Envisions Media Coverage with Trump Victory

Markus, known as “Shibetoshi Nakamoto” online, has recently voiced support for Elon Musk, remarking that mainstream media often distorts public perception of figures like Musk. Markus posted on X, expressing his excitement about the prospect of Musk’s reaction when media outlets may be required to cover Dogecoin, potentially triggered by Trump’s crypto advocacy.

In a playful meme, Markus shared an image of a Roman soldier (Caesar) jesting with another soldier (Musk) trying to contain laughter.

Dogecoin’s Price Boosted by Trump Mentions and Whale Movements

Markus’s endorsement of Trump aligns with his belief that a Trump win could further Dogecoin’s visibility, possibly boosting DOGE’s price. Recently, a Dogecoin whale moved 247.29 million DOGE (worth $13.4 million) from Robinhood to a private wallet, contributing to the price momentum.

Dogecoin’s price has been climbing amid mentions of Musk’s proposed “Department of Government Efficiency” (D.O.G.E), which aligns with the coin’s acronym. After Musk referenced D.O.G.E. at a Trump rally, Dogecoin surged, spiking 31% the following week.

Musk also struck a “Doge flex” pose at the rally, later confirmed in a post on his X platform, which further fueled DOGE’s rise.