What Does Trump’s Win Mean for Crypto?

During his campaign, Trump said the U.S. would become the crypto capital of the planet. Soon we’ll see whether and how he’ll deliver on those promises. So far, his only official announcement since the election that has any — even weak — sort of crypto tie is appointing X/SpaceX/Tesla CEO Elon Musk and former Republican presidential candidate Vivek Ramasway to head up the “Department of Government Efficiency,” some sort of advisory panel tasked with reducing government costs. DOGE, of course, is the ticker symbol for the popular memecoin. Trump is selling shirts with the DOGE dog, or at least a lookalike, as well as his and Musk’s faces.

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