Billy Markus, the notorious memelord who birthed Dogecoin, threw down a wild-card suggestion. In a quick-fire tweet, he lobbed out the idea of a U.S. Dogecoin reserve, quipping: “Why not national Dogecoin reserve tho.” His tweet hit right as whispers about a U.S. Bitcoin stockpile bubbled up.
Trump Eyeing Bitcoin for Uncle Sam’s Vaults
The Dogecoin founder’s jab was no coincidence. It came in response to Kalshi’s buzz around President-elect Trump. Bettors on Kalshi’s platform see a growing chance Trump might back a strategic Bitcoin stash. Trump’s already teased this plan, hinting he’d pad America’s reserves with some orange coin. He’s a fan of hedges, stacking them next to gold bars, federal bonds, and prime U.S. soil.
Wyoming’s Bitcoin bull, Senator Cynthia Lummis, dished to Decrypt about how such a scheme could actually go down. Bitcoin, now boasting a $1.8 trillion market cap, just leapfrogged Saudi Aramco. It’s locking down the seventh spot on the global assets leaderboard. This kind of flex gives Trump’s crypto musings a dash of legitimacy.
Dogecoin, the Meme That Won’t Quit
Dogecoin, with a market cap of $55 billion, sits pretty as crypto’s sixth top dog. Born from meme mayhem, DOGE has dodged irrelevance again and again. During the 2020-2021 bull run, it rode high, driven in part by a certain tech magnate, Elon Musk. Musk, who’s gearing up for a U.S. government gig, fired off tweet after tweet about Dogecoin. It took DOGE from basement-tier joke to legit payment contender.
Wall Street Sniffs Around DOGE Prospects
The Wall Street crowd is no longer giggling at DOGE. There’s hushed talk of a Dogecoin ETF, which could lure the legacy finance types. Some see it as a gateway for hedge funds and pension portfolios, minus the hassle of self-custody. Crypto number crunchers believe DOGE could cruise past its 2021 ATH if the winds stay favorable.
Markus’s tweet about a Dogecoin reserve might read like a meme, but in the crypto cosmos, humor and reality don’t just mix—they blur. With Bitcoin potentially making Uncle Sam’s list, some wonder if DOGE might sneak its way in, too. And in the blockchain jungle, you learn to expect the unexpected.
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