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

DOGE

DOGE/USDT

$0.10257
-5.38%
24h Volume

$1,338,188,867.55

24h H/L

$0.1089 / $0.10065

Change: $0.008250 (8.20%)

Long/Short
74.6%
Long: 74.6%Short: 25.4%
Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data
Dogecoin
Dogecoin
Daily

$0.10115

-2.58%

Volume (24h): -

Resistance Levels
Resistance 3$0.1167
Resistance 2$0.1112
Resistance 1$0.1063
Price$0.10115
Support 1$0.0980
Support 2$0.0935
Support 3$0.0667
Pivot (PP):$0.10219
Trend:Downtrend
RSI (14):28.3

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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