The decision by former President Donald Trump to change his tune on crypto and endorse the tech was a game changer. It ignited a rapid shift in the White House. The Democratic Party presidential nominee, Kamala Harris, promises to endorse crypto.
There is even a draft bill that considers the addition of Bitcoin as a strategic asset, similar to Gold.
This turn of events over the past few months shows that the United States is keen to shape the crypto narrative, lead in regulation, and spearhead innovation.
BREAKING: Elon Musk's recent poll on 𝕏 has just ended. Over 5.8 million people voted, with 73% in favor of Donald Trump. pic.twitter.com/W92EzeXjsi
— DogeDesigner (@cb_doge) August 21, 2024
Donald Trump To Nominate Elon Musk In A Cabinet Position, Dogecoin Rising
It is so much that Trump has expressed interest in appointing Elon Musk to a Cabinet position should he win in November.
The very mention of Musk possibly becoming a Cabinet member in the Trump administration is why the crypto world is excited.
And it is easy to see why:
Recently, Elon Musk – the so-called ‘CEO of DOGE’, interviewed Donald Trump.
At the same time, he is a crypto supporter, and most associate the tech billionaire with Dogecoin – – the world’s most valuable meme coin.
As expected, Trump’s endorsing Musk sent shockwaves into the political landscape. Elon Musk is now highly likely to influence policy as a high-ranking government official.
Since he is a vocal crypto supporter, calling for adoption, a Trump win will likely turbocharge growth, pumping crypto prices to record highs.
Among the biggest beneficiaries will be Dogecoin. Though DOGE is a shadow of its former self, momentum is picking up.
(DOGEUSDT)
Early this week, Musk posted an AI-generated image of himself as the head of the Department of Government Efficiency on X, complete with the phrase “I am ready to serve.”
I am willing to serve pic.twitter.com/BJhGbcA2e0
— Elon Musk (@elonmusk) August 20, 2024
PlayDoge Is An Irresistible Gem, Over $6.1 Million Raised
As DOGE, Musk, and Trump dominate headlines, smart investors closely monitor the viral presale, PlayDoge (PLAY).
The project is rapidly growing, raising over $6.1 million in a few weeks. In the last phase of this presale, investors can buy PLAY for just $0.00531 before the crowdfund ends on August 26.
At spot rates, PLAY appears to be grossly undervalued.
Here’s why:
PlayDoge offers a special combination of entertainment and earning potential.
Playing the mobile game is simple. All that’s needed is to adopt a digital “Doge” pet and nurture it to earn PLAY rewards.
Additionally, there is an option of staking for those wishing to earn passive income.
The yield is currently at 74%. As of August 22, over 253 million PLAY had been staked.
As DOGE edges higher and Musk’s chances of becoming a government official rise, PLAY will soar.; riding the tide.
Its strong community, practical roadmap, and attractive tokenomics model will also spur demand, rewarding early adopters before PLAY lists on top DEXes.
EXPLORE: Aave is On the Verge of Titanic Breakout As Volumes Surge into Altcoins
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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