Is A Dogecoin Strategic Reserve Possible In The US With Trump’s Win, Musk’s DOGE Department?

With a Republican supermajority in the United States, the possibility of a Strategic Bitcoin Reserve is no longer a distant dream. President-elect Donald Trump has explicitly stated his intention to help make Bitcoin a reserve asset in the United States, and many pro-crypto lawmakers are already onboard.

However, Dogecoin co-founder Billy Markus has suggested creating a Strategic Dogecoin Reserve instead, after changing its source code to tackle the unlimited token supply.

Is a Strategic Dogecoin Reserve a Possibility?

Dogecoin co-founder Billy Markus is looking to make Dogecoin a reserve asset in the United States. He has also suggested that the DOGE source code could be changed to cap its unlimited token supply, eliminating all concerns of potential inflation.

Since Dogecoin has shed its “joke” status, earlier this year, the top US-based crypto exchange Coinbase applied for Dogecoin Futures to the CFTC, claiming that the top meme coin is a “staple of the cryptocurrency world”.

This was before Donald Trump’s re-election, which promises to provide significant regulatory clarity to the crypto industry. More importantly, the meme coin’s biggest public supporter is now set to play a key role in the new administration.

The world’s richest man, Elon Musk, is set to lead the Department of Government Efficiency (D.O.G.E.), a new agency responsible for cost-cutting and reducing government spending. Musk remains a fan of Dogecoin, calling it the people’s cryptocurrency.

It is not without any reason that DOGE added nearly $38 billion to its market capitalization following Trump’s win.

However, a Dogecoin Strategic Reserve remains little more than a pipe dream. For one, even a Strategic Bitcoin Reserve is not without its share of obstacles. Despite a Republican supermajority and Trump’s promise of appointing pro-crypto leaders to key government positions, experts reveal that making BTC a reserve asset in the US simply isn't a major priority for Republican lawmakers.

CEO of Satoshi Act Fund Dennis Porter reveals that BlackRock will soon endorse creating a Strategic Reserve for BTC, and several states may create a reserve before the federal government.

Despite this, Polymarket bettors are giving only a 34% odds of Trump successfully creating a Strategic Bitcoin Reserve in his first 100 days. Unsurprisingly, making Dogecoin a reserve asset in the United States would be exponentially harder.

Dogecoin and New Meme Coins Will Still Offer Outsized Returns

Dogecoin doesn’t need a reserve to deliver outsized returns in the upcoming supercycle. There is a growing consensus that the Dogecoin price will hit $1 and surpass the $100 billion market cap in the coming months. Meanwhile, blue-chip meme coins like Pepe, Dogwifhat, and Floki are expected to offer anywhere between 5x to 10x returns.

Even new meme coins are no longer just jokes. Take, for instance, Pepe Unchained. The new meme coin is launching its own ecosystem, comprising a Layer-2 chain, a meme coin launchpad called Pepe’s Pump Pad, and cutting-edge tools.

The project promises extremely low trading costs, instant transactions, and new meme coin launches for its token holders. Unsurprisingly, the meme coin has appealed to both whales and retailers alike, with one whale recently purchasing $320k worth of PEPU. It is not without reason that Pepe Unchained has already raised nearly $39 million in its presale, with some prominent investors calling it the next 100x meme coin.

Another high-utility meme coin, Crypto All-Stars (STARS), is in high demand and has already raised over $4.4 million in its ICO. It is launching the first-ever multi-chain, multi-token staking platform, offering meme coin holders a unified platform for earning attractive staking rewards. MemeVault accepts 11 meme coins, and STARS stakers will earn thrice the rewards.

Similar to PEPU, prominent investors believe that Crypto All-Stars could also offer 100x returns.

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