🇺🇸 Trump-Linked Firm Boosts Dogecoin Mining
Thumzup Media Corporation, a firm linked to Donald Trump Jr., has invested $2.5 million in DogeHash Technologies, a Dogecoin mining company, to boost its operations amid rising mining difficulty. This move comes as Dogecoin's mining difficulty reached an all-time high in September, reflecting increased competition among miners.
📌 Key Developments:
◾Increased Mining Capacity : DogeHash plans to deploy over 500 ASIC miners, bringing its total fleet to more than 4,000 units by year-end.
◾Potential Acquisition : Thumzup Media is set to acquire DogeHash Technologies, expanding its presence in the cryptocurrency mining sector.
◾Strategic Pivot : Thumzup Media is shifting its focus from digital marketing to industrial-scale cryptocurrency mining, with a particular emphasis on Dogecoin.
📋 Market Outlook:
◾Dogecoin Price Prediction : Analysts forecast a potential surge in Dogecoin's price, with some predicting a rise to $0.48 or even $1.30 based on technical patterns and historical trends.
◾Bullish Sentiment : Experts cite a bullish continuation pattern, suggesting that Dogecoin's price could increase in the coming months.