President-elect Donald Trump is promoting DOGE shirts after appointing billionaires Elon Musk and Vivek Ramaswamy as heads of the newly-coined Division of Authorities Effectivity, or DOGE for brief — a reference to Musk’s favourite cryptocurrency, Dogecoin.
The rudimentary shirts are on sale for $28 on Trump’s official marketing campaign web site. Amidst an orange-washed background of Mars, Musk and Trump’s face are plastered beneath ‘D O G E’. Peeking over their shoulder is somewhat Shiba Inu, the official Dogecoin mascot.
Cash can purchase cupboard appointments, not style.
It was broadly anticipated that Musk could be appointed to an advisory or cupboard function, which can clarify why $DOGE value hasn’t continued to surge.
That is Musk’s newest try to shamelessly pump (and sure revenue) from his favourite cryptocurrency. Protos has beforehand tracked Dogecoin’s value following Musk’s promotional posts on X, revealing that DOGE pumped as much as 32% after he tweeted concerning the memecoin.
Musk seems to be doing every part he can to pump the token with out immediately utilizing its imagery.
The billionaire posted concerning the token 30 instances on 22 completely different days, between Might and November 2021 alone. Since then, Musk momentarily modified Twitter’s emblem to the DOGE mascot, which led to a 30% value pump.
Dogecoin buyers famously sued Musk for allegedly orchestrating these “publicity stunts” to pump and promote at a revenue. Nevertheless, Musk managed to get the lawsuit dismissed in late August.