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Musk’s Vision for Democracy: Insights from Dogecoin Innovators and Trump’s Praise

DOGE

DOGE/USDT

$0.09814
+1.65%
24h Volume

$783,041,778.96

24h H/L

$0.09948 / $0.0962

Change: $0.003280 (3.41%)

Long/Short
73.3%
Long: 73.3%Short: 26.7%
Funding Rate

-0.0058%

Shorts pay

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Dogecoin
Dogecoin
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$0.09814

-0.09%

Volume (24h): -

Resistance Levels
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Resistance 2$0.1069
Resistance 1$0.0994
Price$0.09814
Support 1$0.0947
Support 2$0.0800
Support 3$0.0504
Pivot (PP):$0.097717
Trend:Downtrend
RSI (14):34.0

In a recent interview on February 19th, renowned entrepreneur Elon Musk emphasized the critical relationship between public sentiment and governmental structure, stating, “If the bureaucracy opposes the will of the people, then we live in a bureaucracy, not a democratic country.” Musk’s remarks come amidst growing discussions about the role of technology in enhancing communication and governance. Donning a “Tech Support” shirt featuring the White House emblem, Musk pointed to the innovative crossroads at which the technology industry finds itself.

Former President Donald Trump also weighed in on Musk’s recent ventures, commenting on his hiring choices within the cryptocurrency sector, particularly his team working on Dogecoin. Trump humorously noted, “Musk has hired some very smart young people in DOGE, and their attire is actually worse than his,” highlighting the informal culture prevalent in tech sectors. He went on to commend Musk’s contributions, specifically through the Starlink project, which has reportedly benefited countless individuals. Trump’s assertion that he has yet to encounter someone smarter than Musk underscores the significant influence the billionaire has in both technology and finance.

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