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Cryptocurrency News Articles

Dogecoin (DOGE) Price Route with the DOGE Agency and JetBolt's (JBOLT) Presale Momentum

Jan 22, 2025 at 10:00 pm

This week's breaking crypto news highlights Dogecoin's (DOGE) price surge amidst Donald Trump's newly launched agency and JetBolt's (JBOLT) presale boom.

Dogecoin (DOGE) Price Route with the DOGE Agency and JetBolt's (JBOLT) Presale Momentum

This week's crypto headlines feature Dogecoin (DOGE) price movements following the launch of Donald Trump's agency and the presale boom of JetBolt (JBOLT).

As the "Department of Government Efficiency" (D.O.G.E.) was introduced, Dogecoin (DOGE) experienced a modest gain. The purpose of D.O.G.E., as stated in the executive order signed by Trump, is to "modernize Federal technology and software to maximize governmental efficiency and productivity."

Meanwhile, in the broader crypto landscape, a wave of excitement builds as the zero-gas coin JetBolt achieves a remarkable milestone—selling over 280 million tokens since its presale debut. Can JetBolt's innovative features propel it to the top? And can the D.O.G.E. initiative contribute to sustained growth in Dogecoin's price? Let's break it all down.

Trump's DOGE Advisory Group: What Does It Mean for Dogecoin?

Dogecoin's (DOGE) price reacted positively when the official government website for the Elon Musk-led D.O.G.E. agency went live on January 21. Notably, the logo on the official website bears a striking resemblance to Dogecoin's token mascot—an image of the familiar Shiba Inu within a golden coin.

Chart displaying Dogecoin's 24-hour price performance, based on data from CoinMarketCap

Despite the website being a work in progress and changes to the image being possible, it sparked enthusiasm among buyers. Reflecting a slight 7.8% gain over the last 24 hours, DOGE climbed to a high of $0.39 before dropping slightly to its press time price of $0.37.

The recent price pump also helped boost DOGE's market capitalization from around $50 billion on January 20 to $58 billion on January 21.

While the DOGE price increased, the original meme coin still trades significantly below its all-time high (ATH) of $0.73, which was reached in 2021. According to the latest price chart, there have been few price movements for DOGE, and the broader effects of the D.O.G.E. agency on its price trajectory remain to be seen.

What's Driving the JetBolt (JBOLT) Presale Boom?

As recent developments surrounding Dogecoin and D.O.G.E. continue to generate buzz in the market, blockchain whales and buyers are amassing large quantities of the young token JetBolt (JBOLT). The JetBolt presale has already sold over 280 million tokens since it began.

One potential key factor driving the massive buying of JetBolt tokens is their game-changing features. For instance, JetBolt offers zero-gas technology, which eliminates the typically high gas fees associated with blockchain transactions. Imagine the ease of making transactions without the burden of paying gas fees.

In addition to gasless transactions, JetBolt revolutionizes staking. Most crypto beginners may find staking to be a daunting concept, which is why JetBolt provides a fun and user-friendly staking system. Stakers not only have the potential to earn rewards by staking their tokens, but they can also receive bonuses for connecting with friends on the intuitive platform.

JetBolt also keeps pace with the latest market trends and tech advancements by integrating artificial intelligence into one of its features. JetBolt's AI-powered crypto insights tool provides a range of information, including curated news, blockchain insights, and other useful market data.

Another potential key factor contributing to JetBolt's rising token sales is the enhanced appeal of the token due to its presale benefits. One of these benefits is the exclusive chance for early buyers to get extra tokens by purchasing Alpha Boxes or tokens in batches.

Conclusion — Dogecoin's Price Path with the DOGE Agency and JetBolt's Momentum

Dogecoin experienced a price uptick with the renewed interest of meme coin buyers as D.O.G.E.'s Dogecoin-inspired website went live on the 21st of January. However, Dogecoin's sustained price growth remains uncertain as other factors may still come into play. Meanwhile, JetBolt's rising token sales highlight the growing interest of crypto buyers in this young and innovative token.

To get the full lowdown on JetBolt, head over to the official JetBolt website today.

This article is not intended to provide financial advice. All crypto assets can be inherently risky and volatile. Before acquiring any crypto asset, it is essential to conduct your own due diligence and thorough research.

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