This week’s latest crypto news highlights rising Dogecoin (DOGE) prices amid Donald Trump’s newly launched agency and JetBolt (JBOLT) presale boom. DOGE saw a modest gain following the launch of the “Department of Government Effectiveness” (DOGE). Under the executive order signed by Trump, DOGE’s goal will be to “modernize federal technology and software to maximize government efficiency and productivity.”
Meanwhile, across the crypto landscape, a wave of enthusiasm is building as the gasless coin JetBolt reaches a stunning milestone by selling over 280 million tokens since its pre-sale debut. Can JetBolt’s cutting-edge features propel it to the top? And can the DOGE initiative generate sustained growth in the price of Dogecoin? Let’s break it all down.
Trump’s DOGE Advisory Group: What does this mean for Dogecoin?
The price of Dogecoin (DOGE) reacted positively when the official government website of the Elon Musk-led DOGE agency went live on January 21. Apparently, the logo on the official website resembles Dogecoin’s symbolic mascot, a familiar image of Shiba Inu in a gold coin.
Dogecoin 24-hour price action chart, based on data from CoinMarketCap
Although the website is a work in progress and image changes are imminent, it has generated excitement among buyers. Reflecting a slight gain of 7.8% over the past 24 hours, DOGE rose to a high of $0.39 before declining slightly to its press time price of $0.37.
The recent price rally also helped push DOGE’s market capitalization from around $50 billion on January 20 to $58 billion on January 21.
Although the price of DOGE has increased, the original meme coin remains well below its all-time high (ATH) of $0.73, reached in 2021. According to the most recent price chart, there has been little movement price for DOGE, and the further effects of DOGE agency on its price trajectory remains to be seen.
What’s Behind the JetBolt (JBOLT) Presale Boom?
As recent developments around Dogecoin and DOGE spark market discussions, blockchain whales and buyers are accumulating young tokens. JetBolt (JBOLT) in mass. The JetBolt presale has sold over 280 million tokens since the presale began.
A potential key driver of the JetBolt token buying frenzy? Its revolutionary features. On the one hand, JetBolt offers gas-free technology, which eliminates the typically costly gas fees associated with blockchain transactions. Imagine the convenience of transacting without having to pay gas fees.
In addition to gas-free transactions, JetBolt is revolutionizing staking. Most crypto beginners may find staking intimidating, which is why JetBolt offers a fun and easy-to-use staking system. Punters not only have the opportunity to earn rewards by staking their tokens, but can also receive bonuses by connecting with friends on the intuitive platform.
JetBolt follows the latest market trends and technological advancements by integrating artificial intelligence into one of its features. JetBolt’s AI-powered crypto news tool provides various insights including curated news, blockchain insights, and other useful market data.
Another potential key driver of JetBolt’s increased token sales is the token’s increased appeal due to its presale benefits. One of them is the exclusive chance for early buyers to get additional tokens by purchasing Alpha Boxes or batch tokens.
Conclusion – The Dogecoin Price Road with DOGE Agency and JetBolt Momentum
Dogecoin benefited from renewed interest from meme coin buyers when DOGE’s Dogecoin-inspired website went live on January 21. However, sustained price growth for Dogecoin remains uncertain as other factors may still be at play. Meanwhile, JetBolt’s growing token sales accentuate crypto buyers’ growing interest in this young and innovative token.
Get the full scoop on JetBolt by visiting JetBolt official website Today.
This article does not constitute financial advice. All crypto assets can be inherently risky and volatile. Due diligence and thorough research are essential before acquiring any crypto asset.