{"id":596139,"date":"2024-11-08T00:45:30","date_gmt":"2024-11-08T00:45:30","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=596139"},"modified":"2024-11-08T17:50:04","modified_gmt":"2024-11-08T17:50:04","slug":"will-elon-musk-spark-a-doge-inspired-ico-surge-in-2024","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/will-elon-musk-spark-a-doge-inspired-ico-surge-in-2024","title":{"rendered":"Will Elon Musk Spark a Doge-Inspired ICO Surge in 2024?"},"content":{"rendered":"

The Dogecoin-inspired token Doge2014 is currently in its presale phase. The meme coin was created to celebrate the years of trading Dogecoin.<\/p>\n

Doge2014 is starting at the same price Dogecoin was in 2014, giving those who missed out on Dogecoin back then a chance to regain what they missed.<\/p>\n

The developers plan to ensure that Doge2014 replicates Dogecoin’s achievement. With this in plan, they are incentivizing more people to join the community with various perks that will encourage more engagement within the platform.<\/p>\n

DOGE2014 is an ERC20 token that aims to follow in the footsteps of Dogecoin, which is now regarded as the king of meme coins.<\/p>\n

The fact that Doge2014 embodies the spirit of DOGE might catch the attention of the famous Dogecoin lover\u2014Elon Musk.<\/p>\n

Elon musk’s Influence on Dogecoin Price<\/h3>\n

Dogecoin’s growth and popularity can be partly credited to Elon Musk’s tweets about it. On May 24, 2021, he posted<\/a> that anyone wanting to help develop Dogecoin should share their ideas on GitHub. This post received over 19,000 comments.<\/p>\n

In a conversation with a YouTube host on X, Elon was asked about top cryptocurrencies such as Ethereum, Solana, and Polkadot and why he chose Dogecoin over them. He responded<\/a>, “Doge has dogs and memes, whereas the others do not.”<\/p>\n

The endorsement of Elon had much impact on the price of Dogecoin, as the coin had a massive price increase.<\/p>\n

Although he has not been talking about the meme coin in a recent time, his post<\/a> on X that he was willing to serve as the Department of Government Efficiency, known as D.O.G.E.\u2014a shorter form of Dogecoin\u2014made some meme coin lovers excited as they interpreted as a silent way of showing his support for DOGE.<\/p>\n

A crypto commentator noted<\/a> that Dogecoin is once again making waves.<\/p>\n

Given Elon\u2019s past tweets, it’s clear he is a strong supporter of Dogecoin. As a result, it\u2019s reasonable to predict that he could potentially endorse projects that follow in Dogecoin’s footsteps, such as Doge2014.<\/p>\n

It is generally known that endorsements from influential figures often lead to higher token adoption rates. Should Elon take an interest in what Doge2014 is building and mention it publicly, the token could experience a significant spike and attract more investors.<\/p>\n

X\u2019s Payment System and the Future of Dogecoin<\/h2>\n

X plans to start using X Payments soon. This would allow X users to send money to one another within the platform. Rumors say Dogecoin might be a payment option because Elon Musk likes it.<\/p>\n

If this rumor turns out to be true, it could further increase Dogecoin\u2019s adoption. At the same time, related meme coins like DOGE2014 could gain attention as investors see it as a token with the potential to surge.<\/p>\n

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Called by @Imperium_CryptoHub<\/p>\n

\ud83d\ude80Make Big Gains and Celebrate Dogecoin with Doge2014!\ud83d\ude80<\/p>\n

Missed out on making millions with Dogecoin when it launched? Here's your second chance. Get in early on Doge2014 before it goes on top exchanges like Binance and take advantage of the big\u2026 pic.twitter.com\/0EUKB4G0YS<\/a><\/p>\n

— Imperium CryptoHub (@ImperiumCryptoX) October 23, 2024<\/a><\/p><\/blockquote>\n