Despite Elon Musk stepping away from DOGE to focus on Tesla, speculation remains rife that the Dogecoin meme coin can still find its place within the US government. With Musk already adopting Dogecoin at Tesla and labelling himself the “Doge Father,” his close ties with President Trump make this likely to happen. If this meme coin is picked for a crucial role, such as covering the US debt, how high would Dogecoin stock price have to surge? Can Dogecoin Step in to Cover $36 Trillion US Debt? According to data from the National Treasury, the US debt stands at a staggering $36 trillion, having grown by more than $4 trillion in four years. This growth has sparked fears, with Jim Cramer urging investors to turn to crypto as a safe haven. US Debt Growth During these four years, Dogecoin stock price has soared by over 340%, with its market cap… Read More at Coingape.com
The post How High Will Dogecoin Stock Price Surge If It Covered the US Debt? appeared first on CoinGape.