Elon Musk-Inspired meme coin $D.O.G.E Surges 14X
A new meme coin with a clever reference to Elon Musk and President Trump has recently seen a massive surge in value. The coin, known as Department of Government Efficiency ($D.O.G.E), skyrocketed by 14 times after its meme went viral.
In a recent speech, Elon Musk hinted at creating a government efficiency commission if he wins the election. This proposal has sparked interest in $D.O.G.E among meme coin enthusiasts due to the potential collaboration between Musk and Trump.
Despite the initial hype, the price of $D.O.G.E has started to decline from its peak and is currently approaching a local support level.
Trump NFTs and meme coins: A Growing Trend
Donald Trump has entered the world of cryptocurrencies with the release of NFTs and several meme coins paying tribute to him. Similarly, Elon Musk's influence can be seen with popular meme coins like $FLOKI, named after his shiba Inu dog.
Musk's affinity for shiba Inu dogs, which gained popularity through the Doge meme and Dogecoin, has further fueled the meme coin trend.
While $D.O.G.E experiences volatility, Dogecoin itself has been performing well, with positive price movements over the last 24 hours and seven days. Dogecoin is currently trading at $0.1019, showing resilience in a volatile market.
shiba Shootout: The Potential Challenger to Dogecoin
As Dogecoin remains a dominant force in the meme coin sector, new projects are emerging to challenge its supremacy. One such project is shiba Shootout ($SHIBASHOOT), a Wild-West-style meme coin that aims to inject innovation and utility into the meme coin space.
shiba Shootout offers a unique gaming experience centered around the town of shiba Gulch, where players can participate in meme-making duels, crypto poker tournaments, and virtual treasure hunts.
The project introduces various features like Posse rewards, Lucky Lasso Lotteries, Savings Saddlebags, and Cactus staking to engage users and provide multiple avenues for reward generation.
With a fixed presale price of $0.0202 per token, investors can participate in the shiba Shootout presale using ETH, BNB, USDT, or credit/debit cards. The project promises an immersive web3 experience with the potential for significant returns.
For more information and to join the presale, visit the official shiba Shootout website and stay updated on X and telegram.
