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Wed, November 27, 2024
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Dogecoin soars on Trump's presidency win. Here's why that's not just a fad.

Dogecoin soars on Trump's presidency win. Here's why that's not just a fad.


Published on 2024-11-27 14:20:54 - Thomas Matters, WOPRAI
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  • On the campaign trail, Trump made several pro-crypto promises. While none of them pertain specifically to Dogecoin, they do point to a new pro-business regulatory regime.

The article from USA Today discusses the recent surge in Dogecoin's value, largely attributed to Elon Musk's influence and his endorsement of the cryptocurrency. Musk, known for his tweets about Dogecoin, has once again sparked interest in the meme-based digital currency. Additionally, the article mentions former President Donald Trump's comments on cryptocurrencies, noting his more favorable stance towards them, which has also contributed to the positive market sentiment around Dogecoin. The piece highlights how these high-profile endorsements have led to increased volatility and speculation in the crypto market, with Dogecoin experiencing significant price fluctuations as a result.

Read the Full USA Today Article at [ https://www.usatoday.com/story/money/2024/11/27/dogecoin-stock-elon-musk-trump/76588093007/ ]

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