Dogecoin is set for a major rally, with veteran trader Peter Brandt forecasting new all-time highs as Elon Musk's influence and a channel breakout drive momentum.

Solana's recent action was outstanding: it printed what traders call a god candle — a single enormous 12% spike during the day. These candles are usually unexpected even in a market that is otherwise doing well, and they indicate strong bullish momentum.

Andrew Kang, founder and CEO of Mechanism Capital, has shifted his bullish outlook from Dogecoin (DOGE) to First Neiro On Ethereum (NEIRO) following Donald Trump's landslide victory in the US presidential election. In a series of posts on X on Wednesday, November 6, Kang asserted that NEIRO is poised for exponential growth in the coming months.

Dogecoin (CRYPTO: DOGE) is soaring to new monthly highs, with Donald Trump winning the 2024 presidential election and Elon Musk likely playing a role in the president-elect's return to the White House. A Benzinga poll asks readers to pick which Musk-linked company could have the biggest impact on the meme coin's future.

Cryptocurrency markets are trading higher as Donald Trump secured a second term in the presidential election. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $75,833.12 +9.5% Ethereum (CRYPTO: ETH) $2,682.34 +11% Solana (CRYPTO: SOL) $188.34 +14.3% Dogecoin (CRYPTO: DOGE) $0.1952 +15.9% Shiba Inu (CRYPTO: SHIB) $0.00001883 +6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses falling by 4.4%.

Shiba Inu (SHIB) recently witnessed a significant increase in its burn rate, surging 3,674% on U.S. presidential election day. Interestingly, this spike has come amid reignited interest in the SHIB price.

Veteran trader Peter Brandt says that Bitcoin (BTC) is set to vastly outperform gold after printing a bullish pattern on the longer-term chart. Brandt shares a chart with his 745,000 followers on the social media platform X showing Bitcoin in a clear uptrend when priced in gold (BTC/XAU).

Are we witnessing a Dogecoin revolution? The second largest Proof of Work network hits over $13B in daily volume.

Dogecoin (DOGE) surged by 20%, reaching $0.19 on November 6, as markets reacted to news of Donald Trump's return to the presidency.

A combination of a Donald Trump win and Elon Musk's central role in his campaign have injected strong momentum could sustain DOGE price rally.

Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.

The original and biggest meme coin, Dogecoin ($DOGE), is positively soaring today along with most leading cryptocurrencies after the pro-crypto Donald Trump was re-elected as the forty-seventh US President. In the last twenty-four hours, Dogecoin mushroomed 18% to trade at $0.2014. Considering Dogecoin grew 18.

As of November 6, 2024, at 11:05 a.m. UTC, Dogecoin's year-to-date performance is outpacing that of Bitcoin. According to CoinDesk Indices, Bitcoin (BTC) is currently trading at $74,790, showing gains of 7.7% in the past 24 hours, 22.64% over the past month, and 77.34% year-to-date (YTD). Meanwhile, Dogecoin (DOGE) is trading at $0.

Dogecoin (CRYPTO: DOGE) is forecasted to experience a major rally, bolstered by Elon Musk's role in Donald Trump's successful re-election bid. What Happened: Dogecoin is up 9% on the day, trading above $0.19 at the time of writing.

Dogecoin and the Shiba Inu price have recorded double-digit rallies in the last 24 hours, up 25% and 10%, respectively. The foremost meme coins have witnessed these massive price rallies thanks to developments in the US election, which present a bullish outlook for them.

The price of Dogecoin (DOGE) continued its uptrend on Nov. 6 by breaking above the $0.18 resistance level. Price analysis by Coinidol.com.

Dogecoin has seen a remarkable surge, increasing by more than 20% and reaching highs of $0.2133. With Trump's win how high can the DOGE price go?

Solana and Dogecoin trade at key levels following the US election results and are poised for a potential breakout, while XRP is building positive momentum at lower levels.

Veteran trader Peter Brandt has made a bullish prediction on dog-themed cryptocurrency Dogecoin (DOGE), which has sparked interest within the crypto community.

Dogecoin (DOGE) has crossed the $0.21 mark, driven by speculation surrounding a possible victory for Donald Trump and Elon Musk's cryptic allusions. This spectacular surge illustrates the growing impact of American politics on the crypto market.

The crypto market, along with Bitcoin, altcoins, as well as meme coins, has noted a strong rally today, amid a flurry of positive market developments. Amid this top crypto market experts shared bullish forecasts for the leading player in the meme coin space, Dogecoin price.

Dogecoin's 28% surge mirrors the rise of speculative fervor driven by Donald Trump's early lead in the 2024 U.S. presidential race.

Dogecoin's price has experienced a significant rally, increasing by 25% in the last 24 hours, pushing it to a seven-month high. Currently trading close to $0.20, DOGE is inching toward a major resistance level that, if broken, could fuel further gains.

Memecoins are up today, fueled by positive sentiment following Trump's win in the US presidential elections.

Bitcoin has rocketed higher as Donald Trump clinched victory in the U.S. presidential election, setting up a "perfect storm" for the bitcoin price in weeks ahead.

Dogecoin's cofounder, Billy Markus, who goes by "Shibetoshi Nakamoto" on X, has reacted to the recent surge in the prices of Bitcoin (BTC) and Dogecoin (DOGE).

Dogecoin (DOGE) saw a substantial 19.8% surge to reach $0.2016 early Wednesday, as news Donald Trump securing a second term rippled across markets.

Cryptos surge on US Election Day – Discover Key Price Levels, Drivers Behind the Rally, and What's Next for These Top Cryptos.

The victory of the ex-president, aided by the owner of X, is benefiting many altcoins.

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.

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%.

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.

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.

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.

Meme cryptocurrency Dogecoin (DOGE) has surpassed XRP by market capitalization, according to data provided by cryptocurrency analytics firm CoinGecko.

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.

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.