The US political domain is up for a historic change. With Donald Trump and Elon Musk gearing up to take the reins of the US political landscape, a new era awaits for the nation to encounter and experience. As the two pro-crypto leaders set their eyes on revolutionizing the American legacy, the cryptocurrency realm is awaiting spectacular new changes, the ones that allow the sector to breathe and function with full liberty. In this wake, these three coins could particularly rise up to the occasion, especially after Elon Musk officially starts executing orders via the D.O.G.E. department.
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These 3 Cryptocurrency Coins That May Peak Once Musk Officially Kickstarts The D.O.G.E Department
1. Bitcoin (BTC)
Bitcoin is the OG cryptocurrency, the one that has set the tone for the market to follow. Elon Musk’s taking on a new responsibility is bullish for Bitcoin, as Musk’s stance as a pro-crypto leader bodes well for the global crypto landscape in general. His active leanings towards cryptocurrency’s practical usage in finance make his term as a D.O.G.E. head, particularly lucrative.
Once the Tesla chief officially starts governing via D.O.G.E, Bitcoin may find a new price ATH to sit at soon after.
Per CoinCodex, Bitcoin may sit at a new price high OF $119k by the end of January 2025.
According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 20.43% and reach $ 119,709 by February 5, 2025. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 76 (Extreme Greed). Bitcoin recorded 16/30 (53%) green days with 3.39% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.”
2. Ethereum (ETH)
Ethereum could be another leading cryptocurrency that may surge and spark to sit at a new price point once Musk takes over the D.O.G.E department. Ethereum is closely connected with Donald Trump, as the president-elect’s crypto portfolio comprises a sizable amount of ETH tokens. With Trump and Musk’s camaraderie going hand in hand, the development can push ETH to scale new highs.
Per CoinCodex, Ethereum may sit at a new price point of $5191 by the end of January 2025.
“According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 42.42% and reach $ 5,191.84 by February 5, 2025. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 76 (Extreme Greed). Ethereum recorded 16/30 (53%) green days with 6.70% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a good time to buy Ethereum.”
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3. Dogecoin (DOGE)
It would be ironic not to mention Dogecoin in this list, provided Musk chose a department name that seems to have taken inspiration from the meme coin itself. Musk’s adoration for meme cryptocurrency is globally renowned, with news of the Tesla chief contemplating adding Doge payments to X also making rounds on the internet. With the SpaceX CEO taking over the D.O.G.E. department, Dogecoin could soon find a new price high, driven by the elements of FOMO and hype, making it a coin worth paying attention to.
Per CoinCodex, DOGE may plummet by January 2025, sitting at $0.36, but the tables could turn once Musk takes over the department officially.
“According to our current Dogecoin price prediction. The price of Dogecoin is predicted to drop by -6.08% and reach $ 0.362284 by February 5, 2025. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 76 (Extreme Greed). Dogecoin recorded 15/30 (50%) green days with 12.51% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
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