Is Dogecoin Going To Shock The World This Bull Run?

Renowned crypto expert Ali Martinez is bullish on Dogecoin.
Donald Trump will accept Dogecoin and other Cryptos as political donations.

The crypto market has recently turned bullish, causing most coins, including Dogecoin (DOGE), to experience price increases. Although DOGE may have different plans going forward, it is following its historical bullish patterns.

Renowned crypto trader Ali Martinez is bullish on Dogecoin. In his latest tweet, Ali expressed support for Doge and said, “History doesn’t repeat itself, but it often rhymes!”

Moreover, DOGE also got a green flag from Donald Trump, the Republican presidential nominee, who said that the campaign will accept political donations in the form of cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu.

Will Dogecoin’s Price Blast Soon?

Ali Martinez, a famous crypto analyst, recently discussed the price developments surrounding Dogecoin (DOGE) in a post on X. The analyst highlighted that DOGE is following its previous bullish pattern and may give tremendous returns in future sessions.

History doesn't repeat itself, but it often rhymes!! — Ali (@ali_charts) May 21, 2024

Ali’s recent tweet highlighted that in 2024, DOGE once again broke out of a descending triangle. Currently, it is experiencing a 47% price correction, mirroring previous cycles, which could potentially trigger the next DOGE bull run!

If this analysis is precise, Doge might generate some massive returns for their investors, also known as the DOGE army.

Donald Trump Will Accept Doge and Other Cryptos

Former United States President and Republican presidential nominee Donald Trump announced that his 2024 campaign will accept political donations in the form of cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu.

BREAKING: Donald Trump's presidential campaign now accepts Dogecoin and other crypto — DogeDesigner (@cb_doge) May 21, 2024

This marks the first time a major party presidential nominee has embraced cryptocurrency for donations. The move is seen as an attempt by Trump to position himself as a greater advocate for digital currencies than his opponent, President Joe Biden.

The campaign has launched a fundraising page that allows donations via any cryptocurrency accepted through the Coinbase Commerce product. Trump’s team highlighted his efforts in reducing regulations and championing innovation in financial technology, in contrast to Democrats’ beliefs about the government’s role in leading the world.

PEPE Supporters Demand PEPE Should Be Accepted as Donation

Memes flooded X after news of Trump’s acceptance of DOGE and other cryptocurrencies emerged. Meanwhile, PEPE supporters demand that PEPE also be accepted as a donation in Trump’s election campaign.

Trump should accept $PEPE donations. He already accepts $DOGE and $SHIB. — Plazma (@Plazma0x) May 21, 2024

Plazma, a crypto supporter on X, tweeted, “Trump should accept $PEPE donations. He already accepts $DOGE and $SHIB.”