Tesla CEO Elon Musk, who is active in many areas, has recently become active in the political arena.
At this point, Elon Musk, who supported US presidential candidate Donald Trump and proposed a ministry known by the abbreviation DOGE, lastly shared a post from his X account.
Elon Musk shared a personal photo on his X account from a speech he made at a campaign rally for former US President Donald Trump.
Accordingly, Musk shared a photo of himself from Trump's speech at the rally and an image of Dogecoin (DOGE).
Following Musk's post, the DOGE price increased by 3.5% in the last 24 hours to $0.143.
— Elon Musk (@elonmusk) October 28, 2024
Looking back, Musk's tweets and statements have had a positive impact on DOGE's price performance and have often led to significant price movements.
As is known, Elon Musk has previously referred to himself as the “Dogefather” and accepted Dogecoin as a payment method for Tesla vehicles.
*This is not investment advice.
