Dogecoin To Join Trump’s Crypto Reserve? Elon Musk Reacts
US President Donald Trump announced the creation of a US “strategic crypto reserve” to enhance the country's position in the cryptocurrency sector, initially including Bitcoin, Ethereum, XRP, Solana, and Cardano, but excluding Dogecoin. Following the announcement, the cryptocurrency market gained over $300 billion in market capitalization. Dogecoin saw a price increase of 7.5% despite its absence from the reserve list. Co-creator Billy Markus humorously noted Dogecoin's American origins, while the official Dogecoin account responded to Trump’s announcement. Elon Musk reacted with amusement, though his stance on Dogecoin's inclusion remains unclear. Commentary from the crypto community suggested that Trump may not be fully aware of Dogecoin, with calls for a representative to advocate for it. Trump hinted at the possibility of adding more cryptocurrencies to the reserve in the future. Dogecoin's market dynamics shifted positively after the announcement, trading at $0.219 at press time.
