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Cryptocurrency News Articles
DOGE Dividend Plan – Will American Taxpayers Invest $5000 In Bitcoin?
Feb 20, 2025 at 10:01 pm
Azoria CEO Fishback posted a 4-page DOGE Dividend plan on X, drawing the interest of Elon Musk.
US President Donald Trump is considering a plan to return 20% of the savings generated by the newly created Department of Government Efficiency to American taxpayers. The move could see the average US taxpayer receive $5,000, which many believe will be used to purchase crypto assets.
The plan, initially proposed by Azoria CEO James Fishback, drew interest from DOGE leader Elon Musk, who stated he would discuss the proposition with Trump.
The “DOGE Dividend” plan is drawing comparisons to the Covid stimulus checks, which sparked the 2021 crypto bull run.
The injection of liquidity could spark another parabolic Bitcoin rally, with experts suggesting that $200,000 could be on the table. It would also pave the way for the highly-anticipated altseason and a return of the meme coin mania.
DOGE Dividend Plan – Will American Taxpayers Invest $5000 In Bitcoin?
Azoria CEO Fishback posted a 4-page DOGE Dividend plan on X, which caught the attention of Elon Musk.
The plan proposes returning 20% of the government efficiency commission’s generated savings to the nearly 79 million US taxpaying households.
Considering Musk’s target of saving $2 trillion through the Department of Government Efficiency, this could translate to a $400 billion liquidity injection into the US economy. With roughly 79 million taxpaying households, this could pan out to $5000 tax refund checks per household.
Unsurprisingly, the plan has drawn comparison to the Covid stimulus checks, which analysts claimed significantly contributed to the 2021 crypto bull run.
Coinbase and Binance both reported a significant spike in $1200 and $1400 deposits, suggesting that the beneficiaries were using their stimulus checks to purchase crypto assets. An analysis from Fortune Magazine also showed that nearly 2 out of every 5 beneficiaries were using their stimulus money to buy assets like BTC, ETH and DOGE.
If the DOGE Dividend plan becomes a reality, the percentage could be much higher, owing to the increase in the popularity of cryptocurrencies and new investment vehicles like spot BTC and ETH ETFs.
Prominent analysts like Nebraskangooner are already excited about the plan, reminiscing about the Covid-era bull rally.
Speaking to tech executives and global financiers at the Saudi Arabia-backed Priority Summit in Miami, Trump voluntarily revealed that he is considering the plan. Elon Musk also replied to Fishback’s plan on X, stating that he would discuss the proposal with the US President.
Investors would still need to rein in their expectations. A $400 billion liquidity injection is still unlikely, considering the $2 trillion target is DOGE’s best-case scenario.
The plan would also need the approval of the US Congress, unlike many of Trump’s executive orders.
Nevertheless, with Trump and Musk onboard, the DOGE Dividend plan could still become a reality, particularly as the US President looks to win the 2026 midterm elections. This could spark another Bitcoin bull run, sending the largest cryptocurrency to $200,000 and paving the way for an altseason as well as the meme coin mania.
Why Crypto Assets Could Be In High Demand?
The DOGE Dividend plan would result in a surge of retail investment, Unsurprisingly, the most popular crypto assets—Bitcoin, Ethereum and Dogecoin—will likely be in high demand.
However, smart money investors and whales will likely heavily invest in low-cap cryptos as well as beta plays. Even now, low-cap assets continue to see heavy investments, despite the broader market uncertainty.
For instance, prominent Solana layer-2 coin Solaxy (SOLX) has raised over $22 million in its presale behind strong whale interest.
The project has impressed smart money investors with its combination of real-world utility and meme coin excitement.
Indeed, Solaxy addresses a real pain point within the Solana ecosystem. Using its ZK-proof-based roll-up architecture, it aims to tackle the next congestion on Solana during periods of heavy traffic.
Experts believe it could be prove to be a game-changer against transaction failure and delays, blockchain outage and poor scalability.
Considering Solaxy is the first prominent Solana layer-2, it is no surprise investors believe it is undervalued during its presale. Many of the early buyers are viewing it as a potential 50x-100x investment.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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