Dogecoin Founder Reveals Why He Wants Donald Trump To Win

Teuta Franjkovic
October 29, 2024
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
DOGE-founder reveals why he wants Trump's win

Highlights

  • Dogecoin’s founder, anticipates that mainstream media will cover Dogecoin if Donald Trump wins the 2024 election.
  • The price of Dogecoin has been climbing, fueled by Musk's D.O.G.E proposal.
  • A Dogecoin whale recently withdrew 75 million DOGE from Robinhood, contributing to the upward momentum.

Just days after Billy Markus, the Dogecoin founder, defended Elon Musk against what he called a “media spin machine,” he posted on X that he can not wait for Musk’s reaction when the mainstream media become forced to cover Dogecoin. This, according to Markus, will happen if (when) Donald Trump wins 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.

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Dogecoin Founder Anticipates DOGE Media Coverage with Trump’s Victory

Dogecoin founder, known online under the nickname “Shibetoshi Nakamoto,” recently expressed support for Elon Musk in a series of tweets, referring to the fact that mass media usually distorts one’s image in citizens’ eyes.

In the last one, he expressed his anticipation for Musk’s reaction when mainstream media is forced to cover Dogecoin. As per Markus, mainstream media will be covering cryptocurrencies even though crypto wasn’t always mainstream. However, if Donald Trump, a famous crypto advocate, wins the 2024 US Election – this could become new normal.

“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.

Markus feels that Musk is open, which is then exploited by bad actors. Markus has been a Dogecoin fan for the longest time. He also considers Musk one of the most transparent people in the public eye. In the same breath, he feels his honesty gets manipulated to fit media narratives, making him an easy target. The Dogecoin founder described the media portrayal of Musk as “lazy and banal.”

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Dogecoin Price Surges Amid Trump Rally Mentions and Whale Activity

Dogecoin founder’s enormous support for Donald Trump will probably give him the edge of winning the presidential election in 2024. Once that happens, the Department of Government Efficiency may be born during his administration. Thus, the price of Dogecoin could jump to $1.

Recently, Whale Alert revealed that a Dogecoin whale withdrew 247,29 million DOGE ($13,4 million) from Robinhood to an unknown wallet.

Currently, Dogecoin has taken an upward swing to the top, and this is for a number of reasons: Musk’s proposal for DOGE and a technical breakout in the DOGE chart are providing the crypto with immense propulsion.

The price of Dogecoin has surged after its mention at the Donald Trump rally in New York, following Elon Musk’s introduction as co-founder of the Department of Government Efficiency, D.O.G.E. – said in such a manner that it directly included the acronym of the meme coin.

Dogecoin jumps every time the cryptocurrency is attached to Musk’s Department of Government Efficiency, mainly because of the acronym D.O.G.E. The week after Musk spoke about ‘D.O.G.E’ in a Pennsylvania town hall, Dogecoin surged 31% in a single week.

Aside from that, Dogecoin’s surge could result from Musk striking a ‘Doge flex’ pose as he was at the rally. The world’s richest man shared a picture on his X platform, confirming indeed, that his pose was a nod to the Doge flex.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Teuta is a seasoned writer and editor with over 15 years of expertise in macroeconomics, technology, and the crypto and blockchain sectors. She began her career in 2005 as a lifestyle writer for *Cosmopolitan* before transitioning to business and economic reporting for renowned outlets like *Forbes* and *Bloomberg*. Inspired by thought leaders like Don and Alex Tapscott and Laura Shin, Teuta embraced blockchain's potential, viewing cryptocurrency as one of humanity's most transformative innovations. Since 2014, she has specialized in fintech, focusing on crypto, blockchain, NFTs, and Web3. Known for her strong collaboration and communication skills, Teuta also holds dual MAs in Political Science and Law.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.