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#dogecoin

2 posts2 participants0 posts today

Wie lange dauert es eigentlich, bis der #USDollar zusammenbricht?

#Trump macht gerade aus jeder Haushaltspolitik Kleinholz und heizt mit seinen Zöllen die #Inflation an.

Wenn die #Fed die Zinsen anhebt, wird sich der Geldfluss in Trumps und #Musk Taschen verlangsamen.

Dann passiert ihr das gleiche wie #USAid oder dem Finanzministerium.

Vielleicht springen sie auch sofort auf #DogeCoin um.

Und was passiert mit der Weltwirtschaft, wenn 50% der weltweiten Devisen nur noch Müll sind?

Continued thread

#ElonMusk accused the #FTC in 2023 of “overreach” & said, “Weaponization of government agencies for censorship & political machinations needs to stop.”🥱

But for some, the most egregious conflict is #DOGE’s namesake itself.

Since #Trump’s election, #dogecoin’s value has doubled, even nearly tripling at one point—gains that have outpaced #bitcoin & the #Dow Jones Industrial Average, both of which also surged after Trump’s victory.

a pot of bitcoins bought with massive amounts of leveraged debt is now the 40th largest company in the #Nasdaq by market cap.

in other news #Dogecoin is "worth" more than Ford Motor Company.

i suspect future generations will look back and think "there were signs..."

coindesk.com/markets/2024/12/1

Dogecoin’s rebound reveals the extent to which community, attention and hype undergird the investment.

Donald Trump’s informal appointment of Elon Musk to what he calls the Department of Government Efficiency – D.O.G.E for short – also helped pump the dog-themed meme coin.

This isn’t the first time Musk, who styles himself as “the Dogefather,” has fueled interest in dogecoin. theconversation.com/dogecoin-i #dogecoin

The ConversationDogecoin is a joke − so what’s behind its rally?Dogecoin’s rebound – after several years of devaluation and disrepute – reveals the extent to which community, attention and hype undergird the investment.