Crypto's Future Under Biden Presidency, Dogecoin's Potential Surge And More: This Week In Cryptocurrency
Portfolio Pulse from Benzinga Neuro
This week in cryptocurrency saw concerns about the future of crypto in the U.S. under President Joe Biden, potential of Dogecoin (CRYPTO: DOGE) skyrocketing due to Elon Musk's influence, and the possibility of backing a portion of U.S. government debt with cryptocurrency. Elon Musk's social media platform, X, has been granted licenses to provide cryptocurrency wallet services in several U.S. states, signaling a potential integration of Dogecoin or Shiba Inu (CRYPTO: SHIB).
September 03, 2023 | 1:00 am
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Dogecoin's price could potentially surge if Elon Musk integrates it into his social media platform, X.
The potential integration of Dogecoin into Elon Musk's social media platform could lead to a significant price increase for DOGE. This is due to Musk's influence and the increased exposure and usage the coin would get.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Shiba Inu could potentially be integrated into Elon Musk's social media platform, X.
The news of Elon Musk's social media platform being granted licenses to provide cryptocurrency wallet services signals a potential integration of Shiba Inu. This could lead to increased exposure and usage of SHIB, potentially impacting its price.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 80