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Dogecoin Surges as Elon Musk Mentions D.O.G.E. During U.S. Election Event D.O.G.E. and DOGE Correlation: What Is That About? Dogecoin News: Elon Musk Teases ‘D.O.G.E.’ in Trump Campaign

Oct / 18
- Dogecoin Surges as Elon Musk Mentions D.O.G.E. During U.S. Election Event
  
  Oct 18, 2024 at 08:00 am WalletInvestor
  
  Dogecoin (DOGE) has skyrocketed after Elon Musk, an influential figure in the crypto community, mentioned the cryptocurrency during a campaign event for Donald Trump. The US election has further fueled DOGE's momentum, with traders speculating that a Trump victory could boost its prominence. Musk's support and the recent technical breakout have driven DOGE's price to its highest level in three months, outperforming rivals like Bitcoin and Ether.
- D.O.G.E. and DOGE Correlation: What Is That About?
  
  Oct 18, 2024 at 07:04 pm CryptoTicker ENG
  
  Elon Musk's recent remarks on the creation of the "Department of Governmental Efficiency (D.O.G.E.)" have sparked a notable rally in Dogecoin (DOGE) price. Musk's implied reference to the meme coin's ticker during a public appearance ignited enthusiasm among investors, leading to a surge of over 10.5%. The rally is supported by technical indicators, including a breakout from a bullish reversal pattern, suggesting potential for further growth. However, overbought conditions indicate the possibility of a short-term pullback. Musk's influence and market developments remain key factors to consider for the future direction of Dogecoin.
- Dogecoin News: Elon Musk Teases ‘D.O.G.E.’ in Trump Campaign
  
  Oct 18, 2024 at 04:14 pm CoinPedia News
  
  Dogecoin (DOGE) has soared by 9% after Elon Musk's public endorsement, reaching its highest price point since late July. Musk's playful response to a question about leading a division in a potential Trump administration, coupled with his previous support for the cryptocurrency, has reignited investor interest. Analysts are cautiously optimistic, with some speculating about a broader altcoin revival, while others predict a potential surge to $10 in the coming months. Market signals, such as increasing open interest and the town hall event, indicate strong market trends and anticipation of significant price movements.

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