Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»3 Coins To Own If Elon Musk Assumes A Cabinet Role
    Cryptocurrency

    3 Coins To Own If Elon Musk Assumes A Cabinet Role

    October 29, 20243 Mins Read


    The cryptocurrency market is always busy and responsive to even the slightest domain changes. Elon Musk is largely associated with the crypto realm and is known to advertise crypto on all possible fronts. In one of his recent interviews, Musk shared how crypto, in general, can deliver power back to the community.

    Speculations about Musk assuming a cabinet role if Donald Trump wins the US elections are also spreading like wildfire, adding more pressure to the development. In this wake, stashing these three coins can be lucrative “if” Musk takes on the cabinet role shortly.

    Also Read: Tether CEO Exposes USDT Reserves: Key Insights for Crypto Enthusiasts

    Top Coins To Hold Now If Musk Takes On Cabinet Role In The Future

    1. Dogecoin (DOGE)

    Dogecoin will be the first cryptocurrency token to surge the highest amid all these leading developments. Musk’s reference to his cost-cutting duties being categorized under the Department of Government Efficiency (DOGE) has already sparked speculation about his growing fondness for the token. Dogecoin may note a remarkable price high if he ever assumes any cabinet role shortly.

    According to CoinCodex, Doge may be under pressure to perform its best. CC predicts November to be a slow month for Doge, which may push the token down to note a 13% decline in its price.

    Image: CoinCodex

    “According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -13.44% and reach $ 0.142737 by November 28, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 69 (Greed). Dogecoin recorded 18/30 (60%) green days with 11.76% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”

    2. Bitcoin (BTC)

    Bitcoin is another cryptocurrency that may surge and peak higher if the Trump-Musk duo wins the US election. Trump has wholeheartedly shared his pro-Bitcoin stance in the current US elections, which may help the token surge higher on the radar.

    Musk also owns Bitcoin, which has already crossed the $69K mark at press time. The momentum can grow stronger if Musk takes up a new cabinet role shortly.

    According to CoinCodex, Bitcoin may spark a new rally by surging nearly 33% to hit the $93K mark.

    Image: CoinCodex

    “According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 32.25% and reach $ 94,229 by November 28, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 69 (Greed). Bitcoin recorded 15/30 (50%) green days with 4.23% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.”

    Also Read: Buy VeChain (VET): Double Digit Profits Predicted in November 2024

    3. Ethereum (ETH)

    Ethereum is another leading cryptocurrency that Elon Musk owns and holds. The token has had a modest October, but as November approaches, ETH could spark a new rally in tandem with the US elections.

    According to CoinCodex, ETH may hit the $2786 mark by next month.

    Image: CoinCodex

    “According to our current Ethereum price prediction, the price of Ethereum is predicted to rise by 6.25% and reach $2,786.44 by November 28, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 69 (greed). Ethereum recorded 15/30 (50%) green days with 3.85% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a good time to buy Ethereum.”

    Also Read: Central Bank Digital Currencies Set to Surge 2,430% by 2031



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Pakistan to launch digital currency? Here’s all you need to know

    Cryptocurrency

    SBP plans pilot for digital currency – Newspaper

    Cryptocurrency

    Cryptocurrency News Live: Bitcoin, Ethereum, Solana prices today; memecoin updates

    Cryptocurrency

    Pakistan plans digital currency pilot

    Cryptocurrency

    RBA pushes ahead with stablecoin and digital currency trials — Capital Brief

    Cryptocurrency

    New Cryptocurrency Releases, Listings, & Presales Today – JuChain, Ceylon, Zentium Tech

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Digital currencies that preceded Bitcoin

    Cryptocurrency

    Cryptocurrency Cloud Mining: How Does It Work?

    Precious Metal

    MAC Copper Limited : BMO Capital de acheteur à neutre sur le titre

    Editors Picks

    Zhejiang China Commodities City nomme son vice-président -Le 19 février 2025 à 08:43

    February 18, 2025

    Bresse. À Varennes-Saint-Sauveur, des projets agrivoltaïques suscitent un accueil électrique

    July 8, 2025

    3 Dividend Payers Also Showing Investors Substantial Dividend Growth

    February 12, 2025

    CEDA spending, bad investments revealed :: Mmegi Online

    March 3, 2025
    What's Hot

    LITTLE ROCK NOTEBOOK: Central Arkansas Water to issue $22.3M in bonds | Sen. Linda Chesterfield endorses Blake Tierney | Ryan Callison joins visitors bureau | The Arkansas Democrat-Gazette

    October 14, 2024

    Beyond Dogecoin and Shiba Inu: Exploring the rise of a new cryptocurrency

    May 25, 2025

    Zacks Research Comments on Essex Property Trust, Inc.’s Q1 2025 Earnings (NYSE:ESS)

    July 27, 2024
    Our Picks

    Colorado Springs Utilities offers free water irrigation controller to customers

    May 13, 2025

    des milliers de retraités français sont laissés sans pension (et revenus) pendant des mois

    May 10, 2025

    China to set up international operation center for digital yuan

    June 17, 2025
    Weekly Top

    This 6.1% Monthly Dividend Stock is a Cash Flow Machine

    July 9, 2025

    Pakistan plans digital currency pilot

    July 9, 2025

    RBA pushes ahead with stablecoin and digital currency trials — Capital Brief

    July 9, 2025
    Editor's Pick

    Copper Futures Gain On Firm Spot Demand

    October 29, 2024

    Volbeat en concert au Zénith de Paris en novembre 2025

    March 6, 2025

    How Accurate is Artificial Intelligence in Predicting Cryptocurrency Prices?

    June 18, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.