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

Impact of Donald Trump's Victory on Dogecoin's Surge

user avatar

by Giorgi Kostiuk

a year ago

Following Donald Trump's election victory on November 5, the cryptocurrency market is experiencing significant gains, with Dogecoin seeing notable growth.

Impact of Trump's Victory on Dogecoin

Donald Trump's victory has strengthened the crypto market. A key development was the appointment of Elon Musk and Vivek Ramaswamy to lead the new "Department of Government Efficiency (DOGE)", boosting Dogecoin's growth momentum.

Technical Analysis: Bull Flag Pattern

Dogecoin's recent movements have formed a bull flag continuation pattern, signaling potential growth. The sharp rally from $0.18 to $0.44 represents the flagpole, while the current decline forms the flag itself. A breakout above $0.38 could trigger an increase to $0.54.

The bull flag is a powerful indicator of potential upward continuation.

Prospective Developments

If Dogecoin breaks the resistance at $0.38, it could continue strengthening towards $0.54. Observing price trends and applying risk management strategies is crucial in this context.

Dogecoin displays strong bullish signals, with potential for continued growth. Investors should remain alert and consider possible risks.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

ZKP Launches 5M Reward Campaign During Presale Auction

chest

ZKP is attracting attention with its presale auction and a clear reward system for early participants.

user avatarLeo van der Veen

Bullish Momentum Builds After Second Test of Support

chest

Bullish momentum builds as Cardano stabilizes at the 0.33 support level, indicating potential for a double bottom pattern.

user avatarTomas Novak

Nomura's Laser Digital Seeks US Bank Charter to Expand Crypto Operations

chest

Laser Digital, a subsidiary of Nomura Holdings, has applied for a US bank charter to expand its crypto operations.

user avatarKaterina Papadopoulou

Gate US Expands Cryptocurrency Trading Services to 30 States

chest

Gate US has announced the expansion of its compliant cryptocurrency spot trading services to 30 US states, aiming for gradual growth to include fiat on/off ramps and local integrations.

user avatarMaya Lundqvist

Uniswap's New Approach to Token Launches with Continuous Clearing Auctions

chest

Uniswap has integrated Continuous Clearing Auctions (CCA) into its mainnet interface, transforming token launches and decentralizing liquidity distribution.

user avatarEmily Carter

Aster Launches The Metal Surge Metal Token Trading Challenge

chest

Aster has launched The Metal Surge Metal Token Trading Challenge with a prize pool of 50,000 USDF, running from January 29 to February 5, 2026, featuring trading pairs for gold and silver.

user avatarAisha Farooq

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.