Dogecoin is a popular cryptocurrency that has been rising in value since billionaire Elon Musk began promoting it. Dogecoin is a meme coin, meaning it is a digital currency that is based on a meme or internet joke. It is one of the top 100 cryptocurrencies by market cap, and its price has been especially volatile recently.
Musk’s involvement with Dogecoin has helped to bring attention to the cryptocurrency, and his comments on government spending have caused its price to spike. If Trump is reelected, Dogecoin’s ticker name could become a part of the Executive Branch under Musk for years to come.