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Reading: Trump sells DOGE shirts after Musk appointment, Dogecoin rally
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Michigan Post > Blog > Crypto & Web 3 > Trump sells DOGE shirts after Musk appointment, Dogecoin rally
Crypto & Web 3

Trump sells DOGE shirts after Musk appointment, Dogecoin rally

By Editorial Board Published November 13, 2024 2 Min Read
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Trump sells DOGE shirts after Musk appointment, Dogecoin rally

President-elect Donald Trump is promoting DOGE shirts after appointing billionaires Elon Musk and Vivek Ramaswamy as heads of the newly-coined Division of Authorities Effectivity, or DOGE for brief — a reference to Musk’s favourite cryptocurrency, Dogecoin.

The rudimentary shirts are on sale for $28 on Trump’s official marketing campaign web site. Amidst an orange-washed background of Mars, Musk and Trump’s face are plastered beneath ‘D O G E’. Peeking over their shoulder is just a little Shiba Inu, the official Dogecoin mascot.

Cash can purchase cupboard appointments, not style.

It was extensively anticipated that Musk can be appointed to an advisory or cupboard position, which can clarify why $DOGE worth hasn’t continued to surge.

That is Musk’s newest try and shamelessly pump (and certain revenue) from his favourite cryptocurrency. Protos has beforehand tracked Dogecoin’s worth following Musk’s promotional posts on X, revealing that DOGE pumped as much as 32% after he tweeted concerning the memecoin.

Musk seems to be doing the whole lot he can to pump the token with out immediately utilizing its imagery.

The billionaire posted concerning the token 30 occasions on 22 totally different days, between Could and November 2021 alone. Since then, Musk momentarily modified Twitter’s emblem to the DOGE mascot, which led to a 30% worth pump.

Dogecoin traders famously sued Musk for allegedly orchestrating these “publicity stunts” to pump and promote at a revenue. Nonetheless, Musk managed to get the lawsuit dismissed in late August.

TAGGED:appointmentDOGEDogecoinMuskrallysellsshirtsTrump
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