President Trump unveiled a new tax plan during a speech in Michigan on April 30, 2025, focusing on reducing taxes to stimulate economic growth. The plan has received widespread support from attendees, who believe it will boost national competitiveness. This initiative is seen as a potential turning point for the economy and could address voter concerns regarding financial health. This strategy aligns with historical trends of tax reform plans used in past administrations to address economic stagnation, often leading to market reactions. Dogecoin price fluctuates alongside broader market sentiment, currently trading at $0.18 with a 1.79% increase over 24 hours and a lower trading volume of 32.30%. Coincu Research indicates potential interest from short-term traders based on this price trajectory. However, regulatory scrutiny remains a possible factor impacting Dogecoin’s future.