The Dogecoin price has surged by 10.9% due to potential U.S. election outcomes and its increasing mainstream acceptance. DOGE has gained significant mainstream attention and is in a unique position to benefit from the U.S. election’s political market shifts. If Trump wins, experts believe the crypto market could experience a surge, with DOGE gaining the most because of its association with Elon Musk.
A joint idea between Elon Musk and Donald Trump, the “Department of Government Efficiency” (D.O.G.E.), could potentially add legitimacy to Dogecoin and even pave the way for a Dogecoin ETF. Crypto analyst Master Kenobi predicts that DOGE could reach a market cap of $250-300 billion, pushing the price to around $1.70-$2.04 if the meme narrative continues to gain traction.
