Major shifts are being attributed to the US elections and Donald Trump’s victory. Experts in the crypto industry predict more crypto-friendly and favorable policies that will lead to a huge spike in institutional adoption. Elon Musk’s appointment to lead government departments shows Trump’s desire to encourage Bitcoin adoption.
Dogecoin and DTX Exchange are two of the major cryptos that will continue to grow. Elon Musk has a constant influence on Dogecoin, pushing its price towards $1. DTX Exchange competes with meme tokenomics on its cutting-edge platform and real-world utility.
Musk’s Viral ‘Dogefather’ Meme Tweet Ignites DOGE Hype
Elon Musk’s support of memecoin has been a major driver for Dogecoin prices. Dogecoin’s price has shown a strong breakout after its appointment as the Department of Government Efficiency. This price trend is expected to continue until Donald Trump swears in as president in January.
Elon Musk also tweeted a recent meme with the tagline “Dogefather” This video has been viewed by over 14 million people. The renewed buzz amongst the DOGE community is driving whale activity. Within a few hours, the trading volume of Dogecoin increased by 50% and the price reached $0.4.
pic.twitter.com/7NHqlQBbcZ
— Elon Musk (@elonmusk) November 19, 2024
Dogecoin price reaches $0.4 amid soaring whale activity
Dogecoin sets the stage with a bullish surge, leading the pack memecoins by 7.8% gains over the last 24 hour. The DOGE market cap almost doubled in the last 24 hours, from $30 billion up to $56 billion. Experts predict an extended rally of the DOGE token since December is expected to be the month that BTC reaches the $100K mark.
Moreover, due to the DOGE memecoin’s affiliation with Elon Musk and especially during Trump’s presidency, the DOGE memecoin is expected to grow at a high rate. Dogecoin’s price is expected to continue rising towards the $0.4 level. DOGE investors are looking forward to a price of $1 by next year.
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Whale Investments Push DTX Exchange Pre-Sale Above $8.1M
DTX Exchange is a trading leader with sophisticated trading systems that are poised for success in the industry. DTX Exchange is a leader in the trading industry with its sophisticated trading schemas. It is poised to outpace existing marketplaces when it comes to security and liquidity issues.
Platforms with over 120,000+ assets are available. Stocks and crypto pairs can be combined to give traders the ability to profit in their chosen markets, without any gas fees. Features such as 1000x leverage and passive income strategies are major advantages for traders who want to achieve maximum market positions.
DTX Exchange is a game changer in the trading industry, empowering its users with top-notch security protocols and decentralized governance. DTX tokens, which are currently available at $0.1, will soon surpass $2 following the much-anticipated Q4 listing. Early buyers can expect to see a bullish return of 1000%.
The Key Takeaways
Elon Musk is responsible for the Dogecoin’s price increase, while DTX Exchange uses cutting-edge trading technology to revolutionize trading. Both assets are poised for a massive growth this year, as whales collect large tokens for long-term bullish returns. DTX Exchange’s potential is higher due to its upcoming listing on the marketplace, which could potentially surpass DOGE for a $1 rise.
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