dogecoin 
$0.150852became one of the top-earning cryptocurrencies on the threshold of the US elections. This suggests that the leading meme coin may be the asset that will benefit the most from Donald Trump’s potential victory. Especially with Elon Musk getting involved.
Donald Trump’s Victory and Dogecoin
Crypto analysts offered an optimistic outlook for Dogecoin, stating that the meme coin is positioned to benefit the most if Donald Trump wins the US presidential election. Crypto analyst and trader Satoshi Flipper predicted in his post that the meme coin king could rise to $1 if Trump wins.
“Dogecoin could rise to $1 if Trump wins.” – Satoshi Flipper
Crypto analyst Master Kenobi believes Dogecoin is the best strategically positioned crypto asset. The analyst also recalled Elon Musk’s DOGE proposal and its impact on the meme coin. The analyst stated that this department will have an indirect impact on the meme coin and that it will be “very interesting and very fun.”
“The DOGE department will have an indirect impact on the meme coin, which will be very interesting and a lot of fun.” -Master Kenobi.
Market Expectations and Dogecoin
Crypto analyst Kevin Capital announced that a bullish formation was formed on the DOGE chart before the US elections. The analyst noted that the daily and weekly gold crossover for meme coin occurred before the Trump victory and the implementation of the DOGE department.
According to Polymarket data, Trump’s probability of winning has increased ahead of the elections, the results of which will be announced hours later. While the former US president’s chance of becoming the next president is 57.7%, Kamala Harris’ probability is 42.3%.
Dogecoin co-founder Billy Markus stated that he was very excited about Trump’s possible victory and stated that Musk’s humorous posts about DOGE would have positive effects for the meme coin.
As a result, Dogecoin’s strategic position and Elon Musk’s influence could create a significant impact within the cryptocurrency community. For investors, it may be useful to closely monitor these factors and evaluate market dynamics.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
