• 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

BingX Partners with Romania's First National Educational Crypto Talk Show

chest

BingX partners with Romania's first national educational crypto talk show, 'Tales from the Crypto', to enhance crypto education and empower traders.

user avatarAisha Farooq

The Evolution of Forex Trading: From Spot to Options

chest

The forex market is transitioning from traditional spot trading to more sophisticated currency derivatives, particularly options.

user avatarMohamed Farouk

The Role of Greeks in Forex Options Trading

chest

The Greeks are essential mathematical parameters that help traders manage options portfolios and assess risk in the forex options market.

user avatarBayarjavkhlan Ganbaatar

Understanding Forex Options: A Comprehensive Guide

chest

Forex options are contracts that provide the holder the right to exchange specific currency pairs at predetermined prices.

user avatarTenzin Dorje

Pact Swap's Unique Approach to Cross-Chain Trading

chest

Pact Swap is revolutionizing cross-chain trading by eliminating the need for bridges and external validators, relying on native consensus and collateralized smart contracts, resulting in cheaper and more predictable swaps.

user avatarDiego Alvarez

Pact Swap Launches to Address Custody Risks in Cryptocurrency Transactions

chest

Pact Swap launches to address custody risks in cryptocurrency transactions by utilizing collateralized smart contracts for cheaper swaps.

user avatarElias Mukuru

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.