Following the announcement of Donald Trump as the next US President, Dogecoin (DOGE) led the meme coin sector with a 28% gain.
“There is going to be a media frenzy about Elon and how his aggressively backing Trump and the 'Department of Government Efficiency' narrative could have been a deciding factor for a Trump win,” one trader said.
Almost 90% of all DOGE investors are currently sitting on some paper profits.
Today's trading session on the crypto market opened extremely positively, literally marking a new historical high for the price of the main cryptocurrency, Bitcoin (BTC). According to the quotes of the world's largest crypto exchange Binance, a new all-time high was set at $75,407.1 per BTC.
Dogecoin reached $0.21 during Election Day 2024, driven by Trump-Musk mentions of a potential "D.O.G.E." government department and overall crypto market strength led by Bitcoin's new all-time high of $74,504.
Ripple's (XRP) market cap rose but could soon lose its stop to Dogecoin (DOGE) if both cryptocurrencies continue to keep up with the recent performances. Over the last 24 hours, XRP's price has increased by 5.20%, while DOGE jumped by 22%.
Ripple CEO Brad Garlinghouse joins the crypto community to celebrate crypto candidates' victory and Donald Trump's win in the 2024 presidential election. This has set the stage for crypto regulatory clarity, stablecoin regulation, Operation Choke Point 2.0 end, and the conclusion of US SEC attacks against crypto including the Ripple vs SEC lawsuit.
The cryptocurrency market received an unprecedented boost after Donald Trump, a vocal advocate of the asset class, came to the brink of victory after winning the key battleground states of Pennsylvania, and North Carolina. What happened: The Associated Press declared Trump the winner at 2:24 a.m.
XRP, the cryptocurrency known for its role in facilitating fast and low-cost cross-border payments, has been experiencing some significant developments recently. On-chain data reveals a sharp rise in active accounts on the XRP Ledger (XRPL), reaching a 7-month peak.
Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.
The Massachusetts Senate race has concluded with Senator Elizabeth Warren winning re-election over her pro-crypto opponent, John Deaton, marking a significant moment for the cryptocurrency industry. Warren, a prominent advocate for financial regulation, has remained a vocal critic of cryptocurrencies, which she often describes as a potential threat to financial stability and consumer security.
With the memecoin market cap hitting $69.80 billion, Dogecoin is leading the memecoin wave. Dogecoin price has increased by 23% in the last 24 hours and has reclaimed a $0.20 psychological mark. Further, with the 24-hour high at $0.2193, Dogecoin has hit a market cap of $30.32 billion.
Dogecoin price rally appears unstoppable, with market momentum pushing toward the $0.36 mark as the next significant target. The meme coin jumped in price recently following Trump winning the November 2024 U.S election.
Dogecoin is outperforming the market as Donald Trump leads the race to the White House. Moreover, the volume over Bitcoin surged above $81 billion, almost doubled compared to the previous day, resulting in a new ATH at $75,000.
The U.S elections are underway and XRP price is witnessing increased volatility after Trump odds skyrocketed to an all-time high. According to a leading analyst, the election results could significantly disrupt the crypto landscape, potentially leading to huge price swings in XRP.
The cryptocurrency market has experienced a bullish swing with the start of the Asian trading hours. The upswing has resulted in the total market cap rising by 10.68% to the $2.47 Trillion mark. This positive leg-up has come given Donald Trump leading the U.S. elections with 230 seats against Kamala Harris' 187 seats.
As the U.S. presidential election results just around the corner, the cryptocurrency market is experiencing significant activity—not just with Bitcoin and Ethereum prices, but also with a flood of new memecoins.
US Senator Elizabeth Warren secured her third term in Massachusetts. She defeated Republican challenger John Deaton, a high-profile attorney and advocate for cryptocurrency.
Memecoins surged early Wednesday on the back of election results that showed former President Donald Trump in a strong position to gain a second term.
A series of pre-election nods from Elon Musk and Donald Trump's campaign push Dogecoin's value to its highest since April.
Dogecoin started a fresh surge above the $0.180 resistance against the US Dollar. DOGE could continue to rise if it clears the $0.2200 resistance.
The cryptocurrency prices today set off bullish waves across the broader industry, taking a noteworthy upside trajectory amid the ongoing U.S. elections. Bitcoin (BTC) price touched the $75K level on Wednesday, whereas Ethereum (ETH), Solana (SOL), & XRP prices gained 6%-16% intraday.
The Dogecoin (DOGE) price is on a tear, having pumped up 24% so far on the day, as ex-US President Trump hones in on a landslide US presidential election victory. The post Dogecoin (DOGE) Price Powers 24% Higher, Eyes Test of Yearly Highs At $0.2280 as Trump Election Victory Nears appeared first on Cryptonews.
XRP price is gaining pace above the $0.5050 support zone. The price is rising and might even aim for a move above the $0.5500 resistance.
Popular dog-themed meme cryptocurrency, Dogecoin (CRYPTO: DOGE), soared on election night amid heightened expectations of an Elon Musk-touted Department of Government Efficiency (DOGE) under the new Donald Trump administration. What happened: The original meme coin exploded more than 25% in the last 24 hours to $0.20, the highest it has been in the last seven months.
Dogecoin has seen a jump of over 12% during the past day, but this trend brewing in an on-chain indicator could spell a bearish end to the run. Dogecoin Investors Have Been Showing Signs Of FOMO Recently In a new post on X, the on-chain analytics firm Santiment has discussed about how the trend in the Total Amount of Holders has been like for the various top coins in the cryptocurrency sector.
Senator Elizabeth Warren has won reelection in the Massachusetts Senate race, defeating Republican challenger John Deaton. The victory, confirmed by the Associated Press on Tuesday night, has sent shockwaves through the cryptocurrency community, which had hoped for a different outcome.
The current market sentiment across the cryptocurrency landscape appears bullish as pro-crypto presidential candidate Donald Trump leads in U.S. election polls. 1.38 Billion XRP Transfer Amid this bullish sentiment, whales and investors have transferred a significant 1.38 billion XRP tokens worth $702.38 million from Bithumb to an unknown wallet.
Dogecoin's price is soaring as Trump gets closer to a win in the 2024 Presidential elections.
The total crypto market cap rallied over 5 percent in the past 24 hours, led by Bitcoin (BTC), to hover around $2.51 trillion on Wednesday, November 6, during the early Asian session. The flagship coin surged over 6.9 percent in the past 24 hours to reach a new all-time high (ATH) of above $74.
In a series of three large transactions, whales transferred over 1.6 billion XRPvalued at $814 millionto unknown wallets. These moves, signaling potential accumulation by high-net-worth investors, coincide with growing market interest in the outcome of Ripples legal case with the SEC as XRP prices rebound.
Ahead of the election, financial analyst Ran Neuner outlines a hedge strategy focused on Dogecoin and POPCAT. Neuners approach signals confidence in memecoins resilience and potential as smart picks for navigating unpredictable markets.
Part of BTC's spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting.
Leading cryptocurrencies jumped as polls began to close in the high-stakes presidential election between Donald Trump and Kamala Harris. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.
XRP rises as Trump leads early; SEC implications may pave the way for a US XRP-spot ETF.
Dogecoin (DOGE), the popular and largest meme coin, is gaining significant attention from crypto enthusiasts following its impressive performance during the United States presidential election. Whales Move 1.06 Billion DOGE On November 5, 2024, a whale transaction tracker Whale Alert made a post on X (Previously Twitter) that whales have transferred a total of 1.
Warren has amassed nearly 75% of the votes for the Massachusetts seat, setting her up for a third term in the United States Senate.
An expert analyst is stirring up the debate over XRP's investment potential compared to Bitcoin. JayDee, a well-followed market analyst, has firmly stated that anyone who believes XRP is a better investment than Bitcoin is “out of their minds.
Around $68,685, the price of Bitcoin is beginning to show indications of a possible reversal, suggesting a fresh upward trend toward or perhaps above the $70,000 mark. Following resistance close to recent highs, Bitcoin has consolidated steadily, indicating that buyers may regain control for a bullish continuation.
XRP, the digital asset linked to the Ripple network, has been a subject of much debate among cryptocurrency traders and analysts. A recent chart analysis by crypto analyst Egrag has drawn attention to an interesting feature in XRP's price history: a seven-year unbroken support level.
The bounce from $0.5 was a sign that sellers were likely exhausted, but it is unclear if the buyers have the strength right now to reverse the momentum.
The U.S. elections are set to make a significant impact not only on politics but also on the cryptocurrency market, particularly on XRP. Currently, XRP is trading around $0.5072, showing a modest increase of 0.1% in the past day.
Meme cryptocurrency Dogecoin (CRYPTO: DOGE) has experienced a surge in trading volume and price activity leading up to the 2024 presidential election. A Benzinga poll asks readers to choose whether a victory by Donald Trump or Kamala Harris in the election could have a more positive impact on Dogecoin in 2025.
Cryptocurrency markets are trading higher as markets predict a Trump win, boosting sentiment.
President of The ETF Institute, Nate Geraci, says the upcoming election will profoundly impact the future of crypto ETFs. The approval of new spot ETFs for assets such as Solana, XRP, and Litecoin is of particular interest.
The cryptocurrency market is always in motion, but recent developments in popular coins like Tron (TRX), Solana (SOL), and XRP are catching the eyes of traders and investors. While some coins are struggling, others are showing signs of hope.
XRP price has recovered above the $0.50 support amid massive whale transfers from South Korea's Bithumb exchange. In the past hour, over 1.6 billion XRP tokens, valued at approximately $814 million, were moved from the exchange to unknown wallets.