Dogecoin Founder shared a meme featuring Musk depicted as a Roman soldier, playfully fending off criticism.
After defending Elon Musk against what he referred to as a “media spin machine,” Billy Markus, the inventor of Dogecoin, stated on X that he cannot wait for Musk’s reaction when the mainstream media is compelled to cover Dogecoin. This came just a few days after Markus had defended Musk against these allegations.
Dogecoin Founder Anticipates DOGE Media Coverage with Trump’s Victory
According to Markus, this will take place in the event that Donald Trump is victorious in the USA election in 2020. A comical meme he shared with a Roman soldier caught his attention. In the image, Caesar ridicules another Roman soldier, depicted as a muskie, who is defending himself and laughing .In a series of tweets, the founder of Dogecoin, who is known online by the alias “Shibetoshi Nakamoto,” recently showed his support for Elon Musk.
He made reference to the fact that the mass media typically distorts the image of an individual in the eyes of citizens. In the most recent one, he stated his eagerness to see Musk’s response when the mainstream media is compelled to cover Dogecoin.
According to Dogecoin Founder, the mainstream media will cover cryptocurrencies, even though they were not previously considered mainstream. However, if Donald Trump, a well-known advocate for cryptocurrencies, were to win the US election in 2024, this could potentially become the new norm.
According to what he wrote, “This is the one thing that has me most excited about the possibility of Trump winning the election. “He tweeted an amusing image that featured a Roman soldier talking to another Roman soldier named Musk, who was attempting to contain his laughter. Caesar was making jokes with Musk.
Markus perceives Musk as open, a vulnerability that untrustworthy individuals could exploit. Over the course of his life, Markus has been a supporter of Dogecoin. In addition to this, he believes that Musk is one of the most open and honest individuals in the public spotlight.
Simultaneously, he understands that the media exploits his honesty to fit their narratives, making him a prime target. The founder of Dogecoin referred to the portrayal of Musk in the media as “lazy and banal.”
Dogecoin Price Surges Amid Trump Rally Mentions and Whale Activity
The massive amount of support that the founder of Dogecoin has shown for Donald Trump is likely to provide him an advantage in the presidential election that will take place in 2024. After completing this process, he may establish the Department of Government Efficiency during his term.
The price of Dogecoin might therefore skyrocket to one dollar. In a recent report, Whale Alert disclosed that a Dogecoin whale transferred 247.29 million DOGE, which is equivalent to $13.4 million, from Robinhood to an additional wallet that is unknown.
Dogecoin has recently experienced a surge in price, propelling it to the top of the cryptocurrency market. This is due to a number of factors, including Musk’s proposal for DOGE and a technical breakout in the DOGE chart, both of which are providing the cryptocurrency with extremely powerful propulsion.
As a result of Elon Musk’s presentation as co-founder of the Department of Government Efficiency, D.O.G.E.—which was carried out in such a way that it immediately incorporated the abbreviation of the meme coin—the price of Dogecoin has skyrocketed since it was mentioned at the Donald Trump rally in New York.
The acronym D.O.G.E. enhances the value of Dogecoin when it connects to Musk’s Department of Government Efficiency. This is primarily due to the meaning of the acronym. The price of Dogecoin increased by 31% in a single week, exactly one week after Musk made a speech on ‘D.O.G.E.’ in a town hall meeting in Pennsylvania.
In addition, Musk’s “Doge flex” position at the rally may have caused Dogecoin’s price spike. According to the picture Musk posted on his X platform, he did indeed clarify that his position was a reference to the Doge flex.
