• 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

LayerZero's New Blockchain Zero Drives ZRO Token Surge

chest

LayerZero Labs has launched its new L1 blockchain, Zero, resulting in a 40% increase in the value of its native token ZRO, reaching a four-month high.

user avatarKofi Adjeman

Stablecoin Market Cap Dips Amid Bearish Trends

chest

The stablecoin market cap has recently declined, indicating potential bearish trends in the cryptocurrency sector.

user avatarSatoshi Nakamura

Bitcoin Sentiment Remains Bearish Despite Price Recovery

chest

Despite a recent price recovery, social media sentiment around Bitcoin remains largely negative, according to analytics firm Santiment.

user avatarJesper Sørensen

Significant Variability in Stablecoin Conversion Costs Across Africa

chest

Significant variability in stablecoin conversion costs across Africa, with January's median spread reaching nearly 300 basis points.

user avatarNguyen Van Long

Coca-Cola Stock Gets Bullish Ratings from Analysts

chest

Coca-Cola has received buy ratings from major analysts including Morgan Stanley and Citi, predicting a significant rise in the stock's value despite recent revenue misses.

user avatarRajesh Kumar

Regulatory Ambiguity Affects XRP Market Sentiment

chest

Discussions in Washington regarding crypto policy have left traders cautious due to regulatory ambiguity.

user avatarLucas Weissmann

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.