History is repeating. The meme coin market is on fire and Dogecoin is leading the way.
It’s just like 2021. But this time around, a bunch of new emergents are also causing a stir. Notably, presale token Crypto All-Stars is gathering pace with the world’s first meme coin staking app.
Dogecoin Price Explodes On Trump and Musk’s “Department Of Government Efficiency” Plan
Dogecoin is surging as plans come together for the Department Of Government Efficiency, the new outfit that will cut US government spending.
DOGE is now trading at its highest price in over a year: $0.29. It’s up 28% today and 95% this week.
There are no official ties between the newly proposed Department Of Government Efficiency – which will be led by Elon Musk – and Dogecoin. But there’s plenty of gray area.
Notably, the Department Of Government Efficiency’s acronym is D.O.G.E, which is also Dogecoin’s ticker symbol.
Moreover, it will be led by Elon Musk, who was instrumental in Dogecoin’s 2021 parabolic ascent.
So, as Donald Trump and Elon Musk move further toward launching D.O.G.E, the excitement surrounding Dogecoin is only getting stronger.
“Elon literally says a ‘Department of Government Efficiency’ (i.e., ‘DOGE’) will be established under a Trump administration. Trump – the literal 47th president-elect of the United States of America – is fully on board and also pushing this narrative,” wrote Unipcs on X.
But it’s not just a narrative. Trump and Musk have already begun embracing the Department of Government Efficency’s “memeability, “ so much so that Trump is selling DOGE merchandise on his website.
You’re not dreaming. The 47th US president is really selling t-shirts that soft-shill Dogecoin.
The crypto bull run has perfectly aligned with Trump’s reentrance into the Whitehouse, and this time, he’s caught the crypto fever.
Unipcs suggests the D.O.G.E narrative “will only get stronger” in the coming months.
But there’s one crypto that could offer a proxy for bigger gains on Dogecoin. It’s called Crypto All-Stars, and it allows users to generate passive income on DOGE and other meme coins.
First Meme Coin Staking App ‘Crypto All-Stars’ Raises $3.3M – Best Crypto to Buy for the Bull Run?
With Dogecoin and other meme coins rising, Crypto All-Stars has a unique opportunity to provide massive gains.
The project is currently undergoing a presale, allowing investors to get early access before it launches on exchanges.
Crypto All-Stars is building the first-ever meme coin staking protocol, allowing users to generate income on 11 of the top joke tokens, including DOGE, SHIB, PEPE, and more.
However, users must hold $STARS to access the platform, and their holdings determine how much they can earn. If you want to maximize your rewards, you’ve got to maximize your $STARS.
It’s a setup geared to bolster $STARS’s demand.
Moreover, the team will add support for more meme coins later. As they add new tokens, this will unlock demand from more meme coin communities, providing $STARS with long-term growth potential.
Users can also stake their $STARS for more rewards. This feature is live amid the presale and offers a 483% APY. However, this will decrease as the staking pool grows.
This project could have 100x growth potential, according to analyst Umar Khan.
However, Khan underscores that the presale price will rise throughout the campaign, so prospective investors should act quickly.
The current price is $0.0015556, but this will rise in one day.
