Which Musk Company Will Propel Dogecoin’s Future — X, Tesla, SpaceX Or The Boring Company?
Dogecoin (CRYPTO: DOGE) is soaring to new monthly highs, with Donald Trump winning the 2024 presidential election and Elon Musk likely playing a role in the president-elect’s return to the White House.
A Benzinga poll asks readers to pick which Musk-linked company could have the biggest impact on the meme coin’s future.
What Happened: Dogecoin, up 12% to $0.1933 over the last 24 hours, is seeing increased activity likely related to the 2024 election and Musk’s mentioning the Department of Government Efficiency, or D.O.G.E. for short, on Joe Rogan‘s podcast.
Dogecoin was one of the most traded cryptocurrencies Tuesday night and Wednesday morning on Robinhood as investors awaited the 2024 presidential election results, the company said.
Musk is expected to join the incoming Trump administration. In this role, Musk would seek to cut government inefficiencies and unnecessary departments, a role labeled under the D.O.G.E.
“Which Elon Musk company could have the biggest impact on Dogecoin’s future?” Benzinga recently asked its readers.
The results were:
- Twitter/X: 39%
- Tesla Inc (NASDAQ:TSLA): 30%
- SpaceX: 26%
- The Boring Company: 5%
The …
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