Dogecoin Hits 2024 Record High Following Major News from Trump: Meme Coins Are Back in Focus

The ongoing bull run could be historic, marking a breakthrough for all coins—a shift that’s felt long overdue. With Donald Trump’s recent election win, it’s expected there will be a bigger adoption of decentralized finances, building on the 220% increase in daily trading volume since 2020, as reported by Statista.

Right now, meme coins are where some of the biggest returns are, with Dogecoin leading the way at a 94% gain this week. If we take into account Elon Musk’s endorsement of Trump, we could be entering a whole new chapter for meme coins. For those looking to stay ahead, Shiba Galaxy (SHIB) is a presale worth watching – it may just be the next big project in the meme sector.

Trump Boosts DOGE’s Price Following The Announcement of Department of Government Efficiency

Dogecoin has been on a tear since the election results triggered a bull run, but the latest news from the Trump administration has sent its price soaring to the highest level it’s reached this year.

It recently broke through the $0.40 barrier and, while it dipped slightly in the last 24 hours, it’s still holding strong around that value. Following the inauguration, a new Department of Government Efficiency is set to launch, with Tesla CEO Elon Musk and former Republican candidate Vivek Ramaswamy at the head.

According to Trump, this department aims to ‘dismantle government bureaucracy, cut excess regulations, slash wasteful spending, and overhaul federal agencies.’ Although this news wasn’t directly tied to crypto, investors couldn’t help but notice the D.O.G.E. abbreviation, which sent Dogecoin’s price soaring. With Elon Musk now in a key government role, the potential for meme coins may be stronger than ever, making this a prime moment to consider investing. That’s why the new Shiba Galaxy could be the perfect opportunity for traders to capitalize on this new administration.

Shiba Galaxy Brings Massive Innovations To the Table With Its Brand New Blockchain – The Layer-2 Revolution Is Here!

Shiba Galaxy is paving the way for what could be the standard for all upcoming projects thanks to its new blockchain. Ethereum users often run into big obstacles on this network, like massive congestion and sky-high fees. With a limit of only 12-15 transactions per second, the second-largest blockchain can feel more like a hassle than a reward.

However, this is all going to change with the “Shiba Galaxy Chain” – the Layer-2 solution for all mentioned problems. This new network is built on top of Ethereum, enhancing its positive sides while avoiding all the things holding it back. Speed is massively improved as it can achieve a speed of up to 100x more efficient compared to Ethereum, making it perfect in the fast-paced crypto market. With this enhancement, there are also lower transaction costs and much better scalability, which could draw even more attention to SHIBG. You can join this growing community using X or Telegram – where all important news will be published.

SHIBG Token’s Advanced Security Measures Ensure Peace of Mind for Investors

With the recent news of a $230 million crypto fraud spreading across the community, investors are on high alert, making security a top priority. That’s why Shiba Galaxy stands out, putting user protection first with top-notch security features. Rigorous audits from SolidProof and CoinSult back this project, bringing a sense of reliability and stability to investors.

And there’s more – SHIBG includes a dedicated block explorer, a valuable tool for investors who want full transparency. With this feature, you can easily track your tokens, ensuring clarity and peace of mind across the market. At a current price of $0.11, SHIBG offers an attractive entry point for those ready to jump on board, but with the next price hike just around the corner, now could be the time to make a move.

The Verdict

Donald Trump’s victory coupled with the plan for Elon Musk to join the White House could be the formula for success that investors are waiting for. With the crypto market surging amidst that news, investors are eager to find the next big token that could secure maximum profits. Look no further as the new ShibaGalaxy offers real innovation to users thanks to its Layer-2 blockchain and increased security. This project may be the future frontrunner for the meme coin market therefore investors can consider being involved early on.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.