🚀 Will Bitcoin and Dogecoin Skyrocket If Elon Musk Launches a Political Party?

Elon Musk's next move could send crypto markets into hyperdrive—or crash them back to Earth.

The Musk Factor: Meme Coins Meet Politics

When the world's richest meme lord tweets, crypto prices twitch. But what if he swaps boardrooms for ballot boxes? A Musk-led political party—backed by his army of retail traders and crypto diehards—might just rewrite the rules of both finance and governance.

Pump or Dump? The Billionaire Wildcard

Dogecoin rallies 300% after a single SNL joke. Bitcoin soars when Tesla adds it to their balance sheet. Now imagine policy proposals like 'legal tender status for DOGE' hitting campaign trails. The volatility would make Wall Street's algo-traders weep into their spreadsheets.

The Fine Print Nobody Reads

Regulators already eye crypto like a suspect package. A tech-celebrity politician pushing decentralized money? That's a surefire way to fast-track legislation—whether the industry wants it or not. (Spoiler: They don't.)

One thing's certain: In the circus of modern finance, Musk just reserved a center-ring spotlight. Whether that means moon shots or cratered portfolios? Place your bets—preferably with stablecoins.

Musk May Form A New Political Party

In a new twist of events, Elon Musk has taken to X to announce his plan to enter politics more directly. Musk has lately been advocating against Trump’s “big beautiful bill,” adding how the launch of this bill can hurt the American economy in unprecedented ways. Musk took to X to share his rationale behind his criticism of the bill, adding how it may help increase the US debt ceiling, which the government desperately wanted to avoid.

It is obvious with the insane spending of this bill, which increases the debt ceiling by a record FIVE TRILLION DOLLARS that we live in a one-party country – the PORKY PIG PARTY!!

Time for a new political party that actually cares about the people.

It is to be noted how Musk was initially appointed by TRUMP to head the Department of Government Efficiency, or DOGE, which worked relentlessly over months to counter excessive government spending. Trump’s ‘one big beautiful bill” counters the same narrative by increasing government spending by nearly $5 trillion. The launch of this bill would ultimately negate all efforts initiated by Musk to keep the US debt ceiling under healthy governmental control.

What’s the point of a debt ceiling if we keep raising it?

What Musk’s Political Party Means for Bitcoin and Dogecoin

The overall developments have now reached a point where Musk has shared his intention of launching a political party to counter the launch of the bill. He tweeted how America needs a party that has an “actual voice,” the one that knows how to make America truly great again.

If this insane spending bill passes, the America Party will be formed the next day.

Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE.

If Musk ends up forming a political party, ChatGPT predicts how it may impact Bitcoin and Dogecoin in the process.

For Dogecoin, GPT stated how it can surge to as high as $0.25 in a short-term scenario. In a mid-term range, the token may claim $0.30, with speculations about Musk-DOGE integration resurfacing again. In a bullish price scenario, Doge could surge to hit $0.60 if Musk ultimately ends up entering politics full-time.

For Bitcoin, the surge depends largely on how Musk may favor and shape BTC-friendly policies. The portal predicted BTV may surge as high as $130K if Musk continues to introduce policies that help BTC prosper in the long run.