It’s official now, Elon Musk is the head of the United States government’s newly developed “Department of Government Efficiency” aka DOGE. The Tesla boss has boasted the new title via a tweet, showcasing what many are connecting to the cryptocurrency of Dogecoin (DOGE). Now it appears that hype is swinging over to the new ‘Solana Killer’ layer-2 blockchain, Nollars Network, as its $NOLA token presale spikes past 5,000 tokens sold.
Currently, crypto investors are salivating at the idea that Dogecoin could actually reach $1.00 in value. This is wholly due to the genius of “X” social media platform’s owner Elon Musk.
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DOGE Price Chart Returns to Google Search
Google has even re-listed the Dogecoin (DOGE) price chart in search, indicating the US government’s new announcement has made everyone a believer in the 6th popular cryptocurrency and top memecoin.
The actual effects on Dogecoin from all of this hype, thus far, is a parabolic uptrending in price. The $DOGE token price reached a high for 2024 within 24 hours of the announcement of the Department of Government Efficiency. The original memecoin topped $0.43 [cents] on Tuesday, before retracting to $0.38 [cents].
What is the Dogecoin All-Time High?
The all-time high of Dogecoin, which is $0.74 [cents] is likely to be topped by some accounts, while changelly prediction charts see the DOGE coin falling back to the 20-cent range by mid-December.
Regardless, the support of the top memecoin has some smart investors now eyeing “Nollars Network.”
A layer-2 that’s coming in May of 2025, the native cryptocurrency (NOLA) of the ‘ineffable blockchain’ technology has seen a sudden spark in presales.
Per Nollars.com, crypto investors have swung thousands of dollars of Ethereum (ETH) funds into the initial coin offering looking for ever bigger gains than what Dogecoin (DOGE) may offer. The freshly launched initial coin offering went from under 700 tokens sold to over 5,500 sold in the last 48 hours.
Faster Dogecoin Trading & Arbitraging On Nollars Network
The reason for this interest is simple; the Nollars Network is slated to release a layer-2 blockchain that will allow traders faster memecoin trading. This means savvy investors can get the most accurate trading prices and maximize arbitraging skills for big gains.
That utility makes the Nollars (NOLA) token seem very useful with a major hand in crypto memecoin trading going forward. This includes the trading of Dogecoin (DOGE). In layman’s terms, if Dogecoin rips upward in volume, many of the biggest trades could be performed through the use of the Nollars Network and NOLA token.
Cross Promotion of Dogecoin
Nollars founder appears to be excited by the noise surrounding the Dogecoin and appears to be very pro-DOGE.
“If Dogecoin (DOGE) grows, so does Nollars Network. God Bless America” tweeted the layer-2 project’s lead developer on X.
Supporters of Nollars Network blockchain have also begun leaving comments under all of Elon Musk’s tweets about the Departments of Government Efficiency.
Nollars (NOLA) Token Presale Opening Price
$NOLA tokens are currently in presale at a price of $0.50 cents per token. The token launch event is in its first round.
Prices will increase incrementally over a total of 10 funding rounds. The presale will close at a price of $0.80 cents per Nollars (NOLA) token.
Nollars Token will be listed on its first crypto exchange in May 2025 at a price of $0.83 [cents] per whitepaper.
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