When Elon Musk’s new America Party came fresh out the gate, questions on whether the fresh centrist party would adopt Bitcoin (BTC) & other crypto currencies piled in. Renato Lima, a Bitcoin enthusiast, asked Tesla’s & SpaceX boss if the America Party would embrace Bitcoin & received a very straightforward answer.
“Fiat is hopeless, so yes”, fired back Elon, once again lambasting the Big Beautiful Bill (BBB), introduced by the Republican President Donald Trump. Naturally, the latest challenge to America’s two-party system, fueled with Bitcoin (BTC) as the financial centerpiece, has received applause from the crypto community.
Will America Party’s Crypto Support Extend To DOGE?
Naturally, Dogecoin (DOGE) was soon brought into question. Various Dogecoin fan accounts flooded the thread with GIFs & memes, expecting a reply from the Dogefather. However, no response has been offered yet, even though Dogecoin (DOGE) was rumored to be integrated into X, or Twitter, numerous times before.
Amidst the developments, both TOP 10 crypto currencies reacted in different ways. Bitcoin (BTC) remained at status quo in the latest 24-hour period, trading just above $108K at the time of publication. Meanwhile, the top dog meme coin DOGE fetched 2.8% gains to reclaim the weekly heights of $0.175 on Monday afternoon.
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People Also Ask:
Musk announced his “America Party” will support Bitcoin, calling fiat currency “hopeless” due to its flaws, like inflation and centralized control.
He believes Bitcoin offers financial sovereignty and aligns with his vision for a decentralized, innovative economy, unlike traditional fiat systems.
No direct mention of Dogecoin was made, but the 2.8% price surge suggests market speculation about its potential role due to Musk’s past support.
While Musk didn’t confirm Dogecoin’s role, his history with DOGE (e.g., Tesla and X integrations) fuels hope it might be included later.
Crypto is volatile and risky. Musk’s influence can move markets, but don’t invest more than you can lose, and always research thoroughly.
