Trump Hints at Using Dogecoin Against Ex-Ally Elon Musk

In a surprising turn of events, former President Donald Trump has suggested he might leverage Dogecoin, the popular cryptocurrency, against Elon Musk, who previously served as the CEO of Trump Media & Technology Group. This veiled threat emerged during a rally in Ohio, where Trump criticized Musk for potentially supporting his rival in the upcoming presidential election. Trump hinted that he possesses “many powerful cards” and that Dogecoin could be one of them. He stated, “Elon thinks he’s clever, but I’m far more clever. I will deploy Dogecoin against him, and he’ll witness my capabilities.” This statement has sparked diverse reactions within both the cryptocurrency and political spheres. Some speculate that Trump is attempting to capitalize on Dogecoin’s popularity among younger voters to bolster his campaign, while others dismiss it as an empty threat. Musk has yet to issue an official statement regarding Trump’s remarks. However, he posted a cryptic message on Twitter, stating: “The game is afoot.” It’s worth noting that Trump has previously been critical of cryptocurrencies, labeling them as a “bubble” and a “risky speculation.” However, his stance appears to have shifted, now viewing them as a political tool that can be utilized to achieve his objectives.