On March 2, 2025, U.S. President Donald Trump made a significant announcement that stirred the cryptocurrency world. He revealed the creation of a strategic crypto reserve, designed to strengthen America’s position in the growing crypto space. The reserve initially includes major cryptocurrencies like Bitcoin, Ethereum, XRP, Solana (SOL), and Cardano (ADA), but conspicuously absent from the list is Dogecoin (DOGE). Despite this, Dogecoin saw a price rally following the announcement, leading many to wonder whether Trump’s reserve might one day include DOGE.
Dogecoin’s Initial Response
When Trump’s strategic crypto reserve was revealed, many crypto enthusiasts were quick to notice the exclusion of Dogecoin. However, even in the absence of a mention, Dogecoin managed to rally. It surged by 16% at one point, before settling with a 7.5% increase over the next 24 hours. This price jump highlights how Dogecoin continues to attract attention despite not being included in Trump’s reserve at this stage.
Interestingly, Dogecoin’s co-creator, Billy Markus (known as Shibetoshi Nakamoto), humorously pointed out that Dogecoin was created in the USA, in Portland, Oregon. This playful commentary added some light-heartedness to the debate and reminded everyone of DOGE’s origins. It also caught the attention of Elon Musk, who responded with a “Face with Tears of Joy” emoji, adding further fuel to the conversation. While Musk’s support for DOGE is no secret, it remains unclear whether his reaction to Trump’s announcement was in genuine support or just for fun.
Why Was Dogecoin Left Out?
While Trump’s announcement included several significant cryptocurrencies, the exclusion of Dogecoin raises a few questions. Some speculate that Trump may not be fully aware of Dogecoin’s market position or its potential as a serious digital asset. Antonio Zamudio, a crypto enthusiast, shared his thoughts on the matter, suggesting that many crypto CEOs have attempted to approach Trump, but Dogecoin’s case might have been overlooked. According to Zamudio, although Elon Musk is close to Trump, it’s unclear whether he has actively advocated for Dogecoin Crypto Reserve inclusion.
Zamudio pointed out the irony that someone outside Musk’s circle might need to step in and formally present Dogecoin as a viable asset for the reserve. This would ensure that Trump understands the value of Dogecoin beyond its meme status.
Another coin that may be born in the USA is the speculated Kanye West Meme Coin
Elon Musk’s Influence on Dogecoin
Despite the exclusion from the reserve, Musk’s influence on Dogecoin cannot be overstated. With his close relationship with Trump and his consistent backing of Dogecoin, there’s optimism that DOGE might one day be included. Given the strong ties between Musk and Trump, Dogecoin could very well find its place in the strategic reserve in the future. DOGE payments might be integrated into platforms like X and Tesla, further increasing its visibility and adoption.
Trump’s Strategic Crypto Reserve and Future Additions
Trump’s statement was clear: Bitcoin and Ethereum will be the heart of the reserve. These two cryptocurrencies were highlighted as core components of the reserve’s strategy. However, Trump also hinted that additional valuable cryptocurrencies could be added over time. This opens the door for assets like Dogecoin to potentially be included later, especially as its community and market presence continue to grow.
From a technical perspective, the market’s reaction to the strategic crypto reserve announcement has been notable for Dogecoin. Before the news, DOGE was caught in a descending trend channel on the daily chart. After the announcement, Dogecoin rebounded, moving back into the trend channel and testing the lower trend line as support. A daily close above this critical level could confirm the beginning of a bullish trend for DOGE, signaling a positive outlook for the future.
Study our guide on Range-Bound trading to nail this channel of DOGE
Can Dogecoin Make It into the Reserve?
While Dogecoin was not included in the initial lineup of the strategic crypto reserve, it’s important to remember that Trump’s announcement leaves room for future changes. The reserve is still in its early stages, and additional cryptocurrencies could be added as the strategy evolves.
Furthermore, Dogecoin’s market influence, especially with the support of figures like Elon Musk, makes it a strong contender for future inclusion. As the reserve expands to include a broader range of digital assets, Dogecoin’s unique position in the market could make it an attractive addition.
Conclusion: The Future of Dogecoin in Trump’s Reserve
Trump’s announcement of the Dogecoin Crypto Reserve exclusion has sparked discussions and speculation about the future of Dogecoin in the U.S. crypto landscape. While it wasn’t included in the initial reserve, the rally following the announcement suggests that Dogecoin still holds significant value in the market. With growing support from figures like Elon Musk and a community that continues to champion its potential, Dogecoin’s journey is far from over.
As Trump’s reserve strategy unfolds, there’s always a chance that Dogecoin could secure its spot in the future. For now, the community remains hopeful, and the market dynamics suggest that Dogecoin’s influence is likely to continue growing. Keep an eye on DOGE—it might just have its day in the reserve.
If you enjoyed this blog, check out our thoughts on an upcoming altcoin season.
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