Elon Musk's DOGE Message to Trump: 'I'm Ready for Duty', Dogecoin Price Moved!
Release: 2024/08/20 18:17 Reading: 926
As the US presidential elections approach, Donald Trump has garnered support from the crypto industry, notably from prominent figures espousing pro-Bitcoin (BTC) and pro-cryptocurrency views.
Tesla CEO Elon Musk, a significant Trump supporter, had previously voiced his support for Trump's candidacy.
Elon Musk Declares "I'm Ready," Dogecoin (DOGE) Surges
Amidst rumors of Elon Musk's potential advisory role to Donald Trump, Trump recently indicated his willingness to offer a cabinet position to Musk should he win the presidency.
In response, Musk expressed his readiness for this hypothetical position, which he jocularly labeled as DOGE (Department of Government Efficiency).
Musk tweeted, "I am ready to serve," alongside an image featuring the acronym DOGE (Department of Government Efficiency).
This announcement sparked an immediate surge in the price of the popular memecoin Dogecoin (DOGE), which rose by over 5%.
"Elon Musk is a Very Smart Man!"
During a campaign event in Pennsylvania, Donald Trump revealed his plans to eliminate the $7,500 tax credit for electric vehicle purchases and acknowledged the possibility of appointing Musk as an advisor or cabinet member.
Trump responded favorably to inquiries about Musk's potential advisory or cabinet role, stating, "He's a very smart man. I would definitely do it, I would do it too if he wanted. He's a great man."
Disclaimer: This information should not be construed as investment advice.
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