• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Crypto Boom: Dogecoin and Bitcoin Ahead of the US Elections

user avatar

by Giorgi Kostiuk

8 months ago


The global cryptocurrency market is experiencing activity once again ahead of the US presidential elections. Bitcoin edges closer to its all-time high, while Dogecoin sees an increase due to its ties with Donald Trump and Elon Musk.

Dogecoin's Link to Musk and Trump

Dogecoin (DOGE) has become associated with Donald Trump and Elon Musk, leading to its 10% rise following Musk's appearance at Trump's rally in New York. Musk proposed a 'Department of Government Efficiency,' playfully abbreviated as D.O.G.E., positioning Dogecoin as a symbolic mascot for the campaign.

Prediction Markets and Trump's Odds

The rise of Dogecoin coincides with Trump's increasing odds, according to the blockchain-based platform Polymarket. Trump's odds have increased from 61% to nearly 66% in the past week, with Dogecoin and Musk's support fueling speculations around the campaign.

Market Reactions and Future Prospects

Recent changes in Dogecoin’s price demonstrate the influence of high-profile endorsements even in adverse market conditions. Time will tell if political and market trends continue to affect its value.

The intertwining of political and market narratives highlights significant shifts in the cryptocurrency sphere. Dogecoin's speculative nature and connections with notable figures continue to influence the market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Boulder Starts Guaranteed Income Pilot Project with $3M for Low-Income Households

chest

Boulder launches a guaranteed income pilot project providing $500/month to 200 low-income households.

user avatarGiorgi Kostiuk

What to Expect from Sui (SUI) After Recent 44% Rally

chest

Cryptocurrency Sui (SUI) attracts attention with significant growth, and its technical indicators suggest potential further increases.

user avatarGiorgi Kostiuk

Shiba Inu and Mutuum Finance: Growth Dynamics and Prospects

chest

Overview of the cryptocurrency market situation: Shiba Inu shows bullish momentum while Mutuum Finance attracts investors with its successful presale.

user avatarGiorgi Kostiuk

North Korea: 61% of Crypto Theft in 2024 and Surge of Crime in the Darknet

chest

North Korea accounted for 61% of crypto theft in 2024, with evolving methods and the emergence of new criminal networks.

user avatarGiorgi Kostiuk

Drake References Bitcoin in New Single "What Did I Miss?"

chest

In his new song, Drake compares personal betrayals to Bitcoin’s volatility, reflecting the cultural presence of cryptocurrency.

user avatarGiorgi Kostiuk

Salinas Pliego: Sell Your Real Estate and Buy Bitcoin

chest

Mexican billionaire Ricardo Salinas Pliego suggests exchanging real estate for Bitcoin, stirring discussions around traditional investments.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.