The Dogecoin price has experienced a massive pump, rising by a whopping 25% to lead current market gains. This notable increase comes on the heels of the United States Presidential election, where many crypto analysts view a potential Donald Trump win as an incredibly bullish outcome for the Dogecoin price.
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%.
Optimism toward the popular dog-themed meme coin, Shiba Inu, is gaining traction following a recent price rebound at the beginning of the week triggered by a positive market sentiment. Despite recent price fluctuations, several analysts are confident that SHIB is still capable of a short-term rally.
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).
Shiba Inu (CRYPTO: SHIB) is up 2% in Wednesday trading and continues to burn tokens, fueling trader speculation about positive price action on the horizon. What Happened: Data from Shibburn shows Shiba Inu's burn rate increasing by 3,674%in the past 24 hours.
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.
Today marked not only a new all-time high for Bitcoin but also a major breakout on the Shiba Inu (SHIB) price chart. According to Binance, the popular meme-inspired cryptocurrency "shot up" 11.44% today, going from $0.00001785 to $0.0000199.
Shiba Inu's price held steady on Wednesday as most meme coins bounced back, with a golden cross pattern nearing. Shiba Inu (SHIB), the second-largest meme coin, rose to $0.000020, marking an 82% increase from its lowest level in August.
Shiba Inu (SHIB) surprised the crypto world with a massive burn rate spike of 3,674% in just one day. With over 53 million SHIB tokens sent to burn wallets, this effort is a big step in Shiba Inu's mission to reduce its circulating supply.
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.
After facing recent volatility and liquidations summing up to approximately $350 million, Bitcoin price is now settling at $73,000. With this in mind, investors are searching for potential alternatives that could earn them good profits.
The price of Shiba Inu (SHIB) has risen above the moving average lines for the fourth time as it recovers from the low of the chart. SHIB is currently trading above the moving average lines.
Dogecoin's 28% surge mirrors the rise of speculative fervor driven by Donald Trump's early lead in the 2024 U.S. presidential race.
Shiba Inu (SHIB), the second-largest memecoin by market capitalization, has seen an 8% daily surge following Bitcoin's surge to $70,000. Amid the market volatility, the token is trying to recover a key resistance level, which could propel the price to a 110% rally.
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.
Amid a remarkably bullish market on Tuesday, the SHIB meme cryptocurrency once again nabbed substantial investor attention by displaying a whopping surge in its burn rate. Recent stats indicate that the Shiba Inu burn rate witnessed a remarkable 3674% uptick, projecting bullish market sentiments on the coin's future price movements.
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.
Shiba Inu (SHIB) price, a popular meme cryptocurrency, has seen a significant uptick in price amid a broader market recovery following the recent U.S. elections. The post-election market uplift has invigorated the crypto sector, positioning SHIB to capitalize on the strengthened outlook following former President Trump's win, sparking renewed activity across the digital asset landscape.
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).
Shiba Inu (SHIB), the popular memecoin, is back in the news after a crypto expert issued a bold projection predicting a tenfold growth in its market capitalization. Zach Humphries outlined certain hopeful variables that might propel SHIB to a market capitalization of $100 billion, bringing its price to $0.000171—a whopping 890% increase over present levels.
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.
Shiba Inu (SHIB) is in the spotlight in the meme coin world today as its most important metrics are in the positive zone. In particular, the SHIB burn rate has skyrocketed by 3,674% in 24 hours, sending 53,312,864 SHIB to dead wallets.
Shiba Inu's Shibarium layer-2 scaling solution is back at near-full capacity, driving renewed investor interest and increased network activity.
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.
The value of Pepe remains under pressure, while the S.H.I.B. initiative aims to make the United States a hub for blockchain.
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.
Strong momentum in the asset's price action is indicated by Shiba Inu's notable 30-day high. Investors have taken notice of this upward trend and many are now speculating about whether SHIB can continue to rise and possibly reach its all-time high (ATH).