The post Why Dogecoin May Benefit Most From A Donald Trump Victory appeared on BitcoinEthereumNews.com.

The Dogecoin price is the biggest gainer among the top cryptos by market cap on the eve of the US election. This says a lot about how the foremost meme coin could benefit most from a potential Donald Trump victory, especially with Elon Musk’s involvement. Why Dogecoin Could Benefit The Most If Donald Trump Wins Crypto analysts have provided a bullish outlook for Dogecoin and suggested that the meme coin is in the best position to benefit from Donald Trump’s potential win in the US presidential elections. In an X post, crypto analyst and trader Satoshi Flipper predicted that the top meme coin could rise to $1 if Trump wins. He made this prediction while remarking that Elon Musk and the US government (under the Trump administration) will post above about the Department of Government Efficiency (D.O.G.E) non-stop for the next four years. Musk’s proposed D.O.G.E has pumped the DOGE price several times, especially whenever the world’s richest man referred to it, including at a Pennsylvania town hall last month. D.O.G.E, a term Musk coined, could be his way of indirectly shilling the meme coin in this bull run. The world’s richest man has never hidden his fondness for the meme coin because he likes memes and dogs. Interestingly, Musk recently posted a meme in which he joked about mainstream media having to cover D.O.G.E. At the same time, he remains silent and doesn’t even have to shill the meme coin since the media will be doing the job for him. Dogecoin co-founder Billy Markus replied to the post, saying that was why he is most excited about a potential Trump victory. DOGE is The Most “Strategically Positioned” Crypto In an X post, Crypto analyst Master Kenobi said that he believes Dogecoin is the most strategically positioned crypto asset. He…

---

Filed under: News - @ November 5, 2024 4:15 am