Senator Declares ‘DOGE Is Inevitable’ – Will Dogecoin Hit $1?

The Doge Army have infiltrated the US senate through Republican Senator Joni Ernst.

Dogecoin creator Billy Markus tweeted a clip of Ernst rounding off a recent speech about Government efficiency by saying “Doge is inevitable!”

Markus tweets under the username “Shibetoshi Nakamoto”, a reference to Bitcoin’s pseudonymous creator Satoshi Nakomoto mixed with “Shiba Inu”, the dog breed that spawned the legendary meme that Dogecoin and so many of the best meme coins since have derived inspiration from.

pretty funny to see this doge meme IN THE SENATE pic.twitter.com/R2wvboJofZ

— Shibetoshi Nakamoto (@BillyM2k) January 9, 2025

Nocoiner Markus invented Dogecoin to satirize the nascent meme coin sector but he ended up creating the biggest meme coin of all, one which also won the heart of meme fan and Tesla/SpaceX/X CEO Elon Musk, who regularly tweeted his love of the coin during Bitcoin’s 2021 bull run.

In the tweeted clip, Ernst is not referencing Dogecoin but DOGE, an acronym for a government efficiency watchdog that will be headed by Trump-ally Elon Musk when Trump takes office.

In general, meme coins had a bad night last night. The sector shed 7.5% to post a collective market cap of $108 billion.

Dogecoin Price Analysis – Where is DOGE Heading Now?

Dogecoin posted a heavier-than-average loss of 8% in the past 24 hours, down to $0.3199.

That said, Dogecoin’s relative strength index (RSI) is 26 which indicates it is oversold and trading below its fair value.

Some overnight dip buying should bring the price back up where it can find strong support at $0.40.

Looking ahead, Dogecoin has significant potential to reach $1 if the market continues to gain momentum.

Additionally, if pro-crypto figures like Donald Trump deliver on their promises of regulatory clarity for the US, $DOGE prices could climb even higher, benefiting from a favorable market environment.

While Senators Shill DOGE, Flockerz Draws a Democratic Crowd

Senators may be talking about DOGE in spite of broadly falling crypto prices across the market, but savvy investors are bundling into the presale market right now, where they can buy into new projects at potentially all-time-low (ATL) prices.

As a matter of fact, one project capturing imaginations right now is the new vote-to-earn (V2E) Flockerz ($FLOCK), a presale which started in early Autumn and has raised $9.2 million.

Touting itself as “The People’s Meme Coin,” Flockerz offers crypto fans unrivaled community-building incentives and staking rewards.

Holders of Flockerz (known as “The $FLOCK”) are members of Flocktopia, a decentralized autonomous organization (DAO), where they can draft and vote on governance and improvement proposals.

This structure ensures community consensus dictates the decisions rather than an opaque centralized authority.

Additionally, some 25% of the project’s 12 billion $FLOCK meme coin supply is for staking, with the protocol offering stakes yield of 293% on the tokens they stake over a two-year period.

🐦 Let your flock flag fly! 🐦

9M Raised is no small feat! The flock is pushing hard for Flocktopia! 🐦🔥🚀 pic.twitter.com/Ad8c15xPFi

— Flockerz (@FlockerzToken) January 7, 2025

The Flock has a big reason to celebrate today!

Flockerz is a transparent and fully audited project. That’s why Coinsult audited its smart contract, to give investors peace of mind.

Furthermore, Flockerz is eyeing up listings on both centralized and decentralized exchanges (CEXs and DEXs), so it has global ambitions.

Join now. Follow Flockerz on X and Telegram.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.