Elon Musk announces that as far as his information goes, dogecoin is not being considered by the US government. This has caused for a decline in price of dogecoin but what do you think of this information regardless if you are holding doge or not.
As far as this has got to do with politics, I'm not taking it too personal. If you think Doge coin was going to be useless just because the US government didn't not endorse it in the Federal reserve then you're getting it wrong because the crypto reserve project was just a recent propose and before now, Doge coin has been performing well so the fact it isn't among the US reserve doesn't get it to an end.
Don't also think Elon Musk and Trush don't know what they're doing. Why don't they as well endorsed the $trump? These are just politics so it doesn't look like they just want to pull on empowering their own resources. We also know the relationship between Doge coin and Elon Musk being the Doge coin father with his significance associates with the coin.
Let's just watch out what happens in the nearest. Most of the unexpected will happen and the least of the Memecoins will take place to the top in the Solana network.
All these happening around in the meantime is just politic strategies.