Why Is Dogecoin Going Up Today? Key Drivers Of DOGE’s 10% Surge

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Why Is Dogecoin Going Up Today? Key Drivers Of DOGE’s 10% Surge - NewsBTC

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So just keep in mind Trump = DJT and Elon Musk = DOGE.” Related Reading: Dogecoin Bollinger Bands Squeezes Tighter Than It Was Before 2021 Rally, What This Means Andrea Capellini, founder of Freedom Trading Academy, expressed bullish sentiments on Dogecoin’s potential, suggesting that a Trump and Elon win could send DOGE to $0.47.

Related Reading: Dogecoin Analyst Reveals Buying Opportunities At Lower Prices – Details Mammon (@D_DTRADING) also highlighted Dogecoin’s strong performance, arguing that Dogecoin might have become a leveraged bet for a Trump win.“Dogecoin showing great relative strength and imo this has to do with Elon’s involvement in supporting Trump.

Russian Market (@runews) suggested that if Trump wins, “Elon Musk will land a role at the White House, potentially making Dogecoin one of the ‘official’ cryptocurrencies.” This speculation is considered one reason why Dogecoin is rallying even as Bitcoin faces a decline.