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As Bitcoin approaches $73K, the top dog crypto Dogecoin leads the way for altcoins, catching short-sellers unawares.

Cryptocurrency markets are surging on Tuesday amid Donald Trump's rising election odds, positive broader economic factors and subsiding geopolitical tensions. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $72,870.84 +4.4% Ethereum (CRYPTO: ETH) $2,662.43 +5.8% Solana (CRYPTO: SOL) $179.25 +1.3% Dogecoin (CRYPTO: DOGE) $0.1731 +10.4% Shiba Inu (CRYPTO: SHIB) $0.00001902 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 112.3% and daily active addresses grew by 18.2%.

The Dogecoin price could soon reach the highly coveted $1, a milestone that many low-priced meme coins aspire to achieve. Taking this into consideration, a crypto analyst has unveiled a new technical pattern in the Dogecoin price chart called the ”Descending Megaphone.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) surged, riding Bitcoin's (CRYPTO: BTC) upward momentum past $72,000. What Happened: Coinmarketcap data shows meme coins nearing a $71 billion market cap, up 14.6% over 24 hours.

Dogecoin (DOGE), the prominent meme cryptocurrency, is experiencing a substantial rally.

Just days after Billy Markus, the Dogecoin founder, defended Elon Musk against what he called a “media spin machine,” he posted on X that he can not wait for Musk's reaction when the mainstream media become forced to cover Dogecoin. This, according to Markus, will happen if (when) Donald Trump wins 2020 US Election.

As DOGE nears the $0.16460 resistance, breaching it could lead to further price gains.

The most popular meme cryptocurrency, Dogecoin (DOGE) may soon see exponential growth in its price. At least that is the conclusion drawn by former Goldman Sachs top manager and prominent crypto analyst Raoul Pal's latest outlook on the price of DOGE.

Meme coins are soaring as Elon Musk tours America for Donald Trump's election campaign, with Dogecoin leading the charge.

Dogecoin price is on an unstoppable run fueled by multiple factors from Elon Musk's Department of Government Efficiency (DOGE) proposal to a technical breakout in DOGE chart. As a result, crypto market participants' speculation on DOGE price to $1 has risen considerably as it skyrocketed by more than 35% this month.

With the current bullish trend, and the hype around meme coins, here are the top 5 meme coins to watch this week!

As the crypto market momentum strengthens, Dogecoin price has more than a market-wide sentiment to ride on.

Cat-themed coins like Mog Coin (CRYPTO: MOG) and Popcat (CRYPTO: POPCAT) are rallying as the broader altcoin market cheers Bitcoin's (CRYPTO: BTC) leap above $70,000. What Happened: Coinmarketcap data shows cat-themed tokens coins approaching a total market capitalization of $5 billion, up 9.3% over the past 24 hours.

Dogecoin's recent performance has injected optimism into the broader cryptocurrency market as the token approaches a pivotal resistance level. The digital asset, which had stagnated near $0.1, has surged with growing bullish sentiment and increasing volume. This upward trend hints at Dogecoin's potential to break out and reach a target price of $0.15.

The latest price moves in bitcoin (BTC) and crypto markets in context for MONTH XX, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

DOGE's recent price surge can once again be attributed to Tesla and SpaceX CEO Elon Musk.

Dogecoin capitalized on the market-wide bullish momentum as its price reached a five-month high of $0.1684 earlier today. Dogecoin (DOGE) is currently trading at $0.165 after gaining 15% over the past 24 hours.

Dogecoin (DOGE) is leading the meme coin market recovery supported by other players like Shiba Inu, POPCAT, and FLOKI with each gaining 10-15%.

Significant growth in recent days, although for now it is far from the annual highs.

Bitcoin is less than 3% away from a new all-time high, while meme coins such as Dogecoin are popping left and right.

As speculation surrounding potential outcomes from next week's U.S. election intensifies, Bitcoin surged past $71,000 hitting a new all-time-high, igniting double-digit gains across altcoins like DOGE, ENA, POPCAT, and BSV. On Oct.

DOGE increased its dominance against the other meme coins, with its market cap jumping to almost $25 billion.

With Bitcoin price crossing $71k and the crypto market inching closer to $2.5T, the explosive rally in meme coins is gaining momentum. As Dogecoin leads the pack with a 14% gain in the last 24 hours, the market cap of meme coins has reached $62.23 billion with a trading volume of $9.74 billion.

Dogecoin, the leading meme coin, surged notably on Thursday due to Donald Trump's mention of the Department of Government Efficiency during his Madison Square Garden rally.