Price: $0.38575 0.0623%
Market Cap: 56.66B 1.7586%
Volume (24h): 8.54B 0.4%
Dominance: 1.7586%
Price: $0.38575 0.0623%
Market Cap: 56.66B 1.7586%
Volume (24h): 8.54B 0.4%
Dominance: 1.7586% 1.7586%
  • Price: $0.38575 0.0623%
  • Market Cap: 56.66B 1.7586%
  • Volume (24h): 8.54B 0.4%
  • Dominance: 1.7586% 1.7586%
  • Price: $0.38575 0.0623%
Home > Information news > Elon Musk Resumes Public Support For Dogecoin, Sends Ethereum Token Trading At $0.01831 Flying

Elon Musk Resumes Public Support For Dogecoin, Sends Ethereum Token Trading At $0.01831 Flying

Release: 2024/09/03 22:39 Reading: 805

Original author：CoinPedia News

Original source：https://coinmarketcap.com/community/articles/66d71773acf9b92e8b668a49

Elon Musk Resumes Public Support For Dogecoin, Sends Ethereum Token Trading At $0.01831 Flying

Elon Musk's Public Embrace of Dogecoin Fuels Token Surge

Elon Musk's recent revelation of his renewed support for Dogecoin (DOGE) has ignited enthusiasm within the cryptocurrency community. The billionaire's display of affection for the meme coin, accompanied by a humorous meme, has reignited public interest in Dogecoin.

Dogecoin Price Responds

Musk's endorsement has significantly impacted Dogecoin's price, leading to a surge in its value. However, analysts have noted a simultaneous shift in market momentum towards a new presale token, ETFSwap (ETFS), which has garnered significant attention.

Elon Musk's Meme and Political Context

Musk's Dogecoin meme was a playful response to a suggestion that he be appointed to the "Department of Government Efficiency," abbreviated as DOGE. This discourse arose from an interview with US presidential candidate Donald Trump, who expressed his admiration for Musk and hinted at offering him a government role.

Both Trump and Musk have been vocal supporters of cryptocurrencies, with Trump pledging to establish a national Bitcoin stockpile and Musk advocating for the decentralization of currency.

ETFSwap's Presale Success

Amidst the Dogecoin frenzy, ETFSwap (ETFS) has emerged as a promising investment opportunity. This new ETF trading platform has captured the attention of multiple crypto communities, including Dogecoin's.

ETFSwap (ETFS) has been hailed as an innovative solution that leverages the Ethereum blockchain to tokenize ETF assets backed by actual securities. It offers users unique features such as:

  • Instant ETF settlements
  • Interoperability between crypto and ETFs
  • Staking and lending opportunities

SolidProof Verification

The ETFSwap (ETFS) team has successfully passed KYC verification by SolidProof, instilling confidence among investors and highlighting its commitment to transparency.

Conclusion

Elon Musk's endorsement of Dogecoin has ignited a wave of excitement within the cryptocurrency community. Furthermore, market analysts have identified ETFSwap (ETFS) as a presale opportunity with remarkable potential due to its focus on ETF assets and its innovative platform.

Join the ETFSwap (ETFS) presale today by visiting their website.

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