Dogecoin (DOGE) is soaring ahead of the U.S. Presidential Election, with a 14% increase in the past 24 hours, now at $0.169. This rally is driven by Elon Musk’s recent endorsement on the Joe Rogan podcast, where he proposed a “Department of Government Efficiency” (D.O.G.E.), and optimism around a potential Trump win, viewed as crypto-friendly.
DOGE has outperformed rival memecoins since Trump’s Madison Square Garden rally, spurred by a technical “golden cross” pattern indicating recovery.
This highlights how social influence and politics can powerfully impact crypto, especially for community-based tokens like Dogecoin. Show Less
