Dogecoin Lifts 15% Amid Rising Odds Of Trump Victory In Betting Markets And Expectations Of Elon Musk Heading ‘DOGE’ Department
Posted On October 29, 2024
Dogecoin (CRYPTO: DOGE) exploded on price charts Monday, emerging as the best-performing billion-dollar capitalization cryptocurrency in the last 24 hours.
What happened: The ‘original meme coin’ was up over 15% as of this writing, with an 184% spike in 24-hour volumes. Dogecoin was the eighth-most traded cryptocurrency and the most traded meme token in the last 24 hours.
The jump was likely spurred by Tesla and Space X CEO Elon Musk’s grand introduction as the “co-founder of the Department of Government Efficiency,” or DOGE, during Donald Trump’s rally at …
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