As the US presidential elections approach, Donald Trump has managed to gain the support of the crypto industry and most of the important names with his pro-Bitcoin (BTC) and pro-cryptocurrency statements.
At this point, one of Trump's important supporters was Tesla CEO Elon Musk. Elon Musk had previously said that he supported Republican Party candidate Donald Trump in the US presidential race.
Elon Musk Said “I'm Ready”, Dogecoin (DOGE) Soared!
Following the news that Elon Musk would be an advisor to Donald Trump in recent months, Donald Trump said yesterday that he could give Elon Musk a position in his cabinet if he becomes US president.
Thereupon, famous billionaire Musk said that he was ready for the proposed proposal, which he called DOGE (Department of Government Efficiency).
Musk stated in his post on X today that he is ready for the cabinet position and said, “I am ready to serve.”
Additionally, Musk shared a photo of himself that reads DOGE (Department of Government Efficiency).
In response to these posts and statements, the popular memecoin Dogecoin (DOGE) rose by more than 5% after Tesla and SpaceX CEO Elon Musk announced that he would accept a cabinet role offer if Donald Trump were elected.
https://twitter.com/elonmusk/status/1825723913051000851
“Elon Musk is a Very Smart Man!”
Speaking at a campaign event in Pennsylvania, Donald Trump said he plans to end the $7,500 tax credit on electric vehicle purchases and that he could appoint Tesla owner Musk as an advisor or minister.
Trump responded positively to a question about whether he would consider giving Musk an advisory or cabinet role, saying of Musk, “He's a very smart man. I would definitely do it, I would do it too if he wanted. He's a great man.”
*This is not investment advice.
