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Musk’s Trump Apology Sends Dogecoin Soaring Before Modest Pullback

  • Elon Musk issued a public apology to Donald Trump following a feud over political disagreements and personal attacks.
  • Trump retaliated with insults on Truth Social, while both parties hinted at possible reconciliation.
  • Dogecoin experienced a 6.3% surge after Musk's apology but also benefited from growing ETF speculation.
  • Musk apologized after exchanging criticisms with Trump related to Trump's Senate-backed bill.
  • The feud led to a series of personal attacks and insults between Musk and Trump.
  • Trump responded with criticisms on Truth Social, targeting Musk's leadership at Tesla and X.
  • Following Musk's apology, Trump hinted at openness to reconciliation in a pre-recorded interview.
  • Dogecoin surged to US$0.20 before slightly pulling back to US$0.1923 on increased trading volume.
  • Speculation around a potential Dogecoin ETF further boosted the cryptocurrency's prospects.
  • Despite being seen as a meme token, Dogecoin's potential ETF approval signifies a shift in market perception.

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