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

Dogecoin Strengthens After Trump's Victory and Musk's Involvement

user avatar

by Giorgi Kostiuk

a year ago

Following Donald Trump's election victory, interest in Dogecoin has surged, leading to a 24% rise thanks to Elon Musk's support.

Dogecoin's Growth Post-Election

Following the presidential elections and Donald Trump's victory, Dogecoin's exchange rate has soared. This week, its price increased from $0.07 to $0.20. Elon Musk's support and probable involvement in Trump's administration are strengthening investor confidence.

Potential Government Role for Dogecoin

Elon Musk proposed the possibility of creating a new 'DOGE' department in the White House. This could signify an official role for Dogecoin in governmental matters, as the acronym matches the cryptocurrency's ticker.

Elon Musk's Influence on Dogecoin

Elon Musk has already significantly impacted Dogecoin's price by raising its profile through comments and social media posts. Trump's recent victory and Musk's potential support may enhance trust in Dogecoin and strengthen its market position.

Donald Trump's victory and Elon Musk's involvement continue to affect Dogecoin's price and popularity. Investors are keenly observing developments and potential changes in the White House that could impact the future of this cryptocurrency.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Tech Layoffs and Market Fluctuations: A Cautionary Tale

chest

The recent wave of layoffs in the tech sector raises concerns about financial caution and its potential impact on future monetary policies.

user avatarRajesh Kumar

Polymarket Experiences Outage

chest

Polymarket is currently down due to technical issues, affecting users' ability to place bets and access funds.

user avatarJesper Sørensen

MoonBull MOBU Offers Unique Referral System and Governance Features

chest

MoonBull MOBU integrates a referral system and governance model to enhance community engagement and rewards.

user avatarFilippo Romano

DappRadar Announces Shutdown, Shocking Web3 Community

chest

DappRadar, a key platform for decentralized application discovery, has announced its closure after seven years of operation, leaving the Web3 community in shock.

user avatarLucas Weissmann

Tezos Shows Signs of Recovery in Market

chest

Tezos XTZ has begun to recover from a long consolidation phase, regaining support around the 0.60 zone.

user avatarTomas Novak

SEI Total Value Locked and Derivative Volumes Surge

chest

SEI's Total Value Locked (TVL) has increased by 66% in the last 24 hours, alongside a 20% rise in derivative volumes, indicating a shift in trader behavior.

user avatarEmily Carter

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.