Well now, gather ’round, folks, for a tale as curious as a cat in a dog park! Just yesterday, on the second day of March, our dear President Trump, in a flourish of grandiosity, declared the birth of a “strategic crypto reserve” for the good ol’ U.S. of A. This reserve, mind you, is meant to hoist our nation’s crypto standing higher than a kite on a windy day. But lo and behold, the illustrious Dogecoin was left out in the cold, like a hound at a cat convention! 🐱
Is Dogecoin the Underdog? 🐕
Despite the ruckus surrounding digital coins, our beloved Dogecoin was as absent as a sensible hat at a summer picnic. Yet, in a twist worthy of a dime novel, Dogecoin decided to throw a little party of its own, jumping up by a whopping 16% before settling down to a respectable 7.5% increase. Talk about a comeback! 🎉
Now, the official Dogecoin account on X, in a display of wit that would make a jester proud, simply quipped: “@realDonaldTrump, bruh.” And wouldn’t you know it, within a quarter of an hour, the ever-quirky Elon Musk chimed in with a “Face with Tears of Joy” emoji. One can only wonder if he’s genuinely rooting for Dogecoin or just tickled by the whole meme circus. 🤡
— Elon Musk (@elonmusk) March 2, 2025
As the crypto chatter grew louder, one Antonio Zamudio piped up, drawing comparisons to other crypto bigwigs who’ve been knocking on Trump’s door, begging for a spot in the reserve. He mused, “I reckon Trump doesn’t even know Dogecoin exists! Sure, Elon’s tight with him, but I doubt he’s ever mentioned our furry friend. We need a proper Dogecoin ambassador to strut into the Oval Office and sing its praises!”
Meanwhile, the ever-optimistic Kevin (@Kev_Capital_TA) proclaimed on X, “With Elon and Trump working hand in hand to Make America Great Again, I’m convinced Dogecoin will find its way into that strategic reserve. And who knows, DOGE payments might just be around the corner!”
Trump, in his usual flair, hinted at the possibility of more “valuable cryptocurrencies” joining the ranks. CryptoQuant’s own Ki Young Ju, under the alias Kate The Alt (@kate_young_ju), raised an eyebrow and asked, “What are these ‘other valuable cryptocurrencies’?” A question as loaded as a baked potato! 🥔
What are the ‘other valuable cryptocurrencies’ in the U.S. crypto reserve?
— Kate The Alt (@kate_young_ju) March 2, 2025
Trump, in his announcement, was as clear as a bell: “Bitcoin and Ethereum will be the heart of this reserve. I love Bitcoin and Ethereum!” Well, bless his heart! But what about our dear Dogecoin? Is it destined to remain the wallflower at this crypto ball?
From a technical standpoint, the market’s reaction has sent Dogecoin’s chart into a tizzy. Before the announcement, DOGE was floundering like a fish out of water, but after the news, it bounced back into the trend channel, testing the lower trend line. A daily close above that line could mean a bullish romp ahead! 🐟
As of this very moment, DOGE is trading at a princely sum of $0.219. Keep your eyes peeled, folks; this crypto saga is far from over!
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2025-03-03 11:13