Donald Trump won the election, which was a win for the crypto community because he is expected to be pro crypto, he has announced and said that numerous times. Elon Musk which is another notable figure in the world and America is also pro cryptocurrency, literally shilled dogecoin and talked about it for years, he loved and shilled Doge coin so much they have created a government office for him called DOGE. That is the short form of Department Of Government Efficiency. This department is expected to help control Government’s spendings.
If you have been observant in the crypto space you will notice that sometimes things trend and they create a memecoin for them. Sometimes these memecoins pump so high some people’s lives change for good, sometimes it dumps so bad it ruins some people’s lives because they invested hugely. But a memecoin I am watching closely is the Cdoge memecoin which is a memecoin created for Elon Musk office. Donald Trump has made the position official after the election result, but he is expected to resume office January 2025.
I bought some before the election and watched it pump 6X, after the election, it has dumped massively, if I didn’t sell my holdings I would be at loss. January is just around the corner, Elon musk is expected to be in office soon, and I am expecting the Cdoge token to pump, it’s on the Ethereum chain, this can easily be a hit or a miss, this is why it’s not a financial advise.