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Memecoins surged early Wednesday on the back of election results that showed former President Donald Trump in a strong position to gain a second term.

A series of pre-election nods from Elon Musk and Donald Trump's campaign push Dogecoin's value to its highest since April.

Dogecoin started a fresh surge above the $0.180 resistance against the US Dollar. DOGE could continue to rise if it clears the $0.2200 resistance.

The cryptocurrency prices today set off bullish waves across the broader industry, taking a noteworthy upside trajectory amid the ongoing U.S. elections. Bitcoin (BTC) price touched the $75K level on Wednesday, whereas Ethereum (ETH), Solana (SOL), & XRP prices gained 6%-16% intraday.

The Dogecoin (DOGE) price is on a tear, having pumped up 24% so far on the day, as ex-US President Trump hones in on a landslide US presidential election victory. The post Dogecoin (DOGE) Price Powers 24% Higher, Eyes Test of Yearly Highs At $0.2280 as Trump Election Victory Nears appeared first on Cryptonews.

Popular dog-themed meme cryptocurrency, Dogecoin (CRYPTO: DOGE), soared on election night amid heightened expectations of an Elon Musk-touted Department of Government Efficiency (DOGE) under the new Donald Trump administration. What happened: The original meme coin exploded more than 25% in the last 24 hours to $0.20, the highest it has been in the last seven months.

Dogecoin has seen a jump of over 12% during the past day, but this trend brewing in an on-chain indicator could spell a bearish end to the run. Dogecoin Investors Have Been Showing Signs Of FOMO Recently In a new post on X, the on-chain analytics firm Santiment has discussed about how the trend in the Total Amount of Holders has been like for the various top coins in the cryptocurrency sector.

Dogecoin's price is soaring as Trump gets closer to a win in the 2024 Presidential elections.

The total crypto market cap rallied over 5 percent in the past 24 hours, led by Bitcoin (BTC), to hover around $2.51 trillion on Wednesday, November 6, during the early Asian session. The flagship coin surged over 6.9 percent in the past 24 hours to reach a new all-time high (ATH) of above $74.

Ahead of the election, financial analyst Ran Neuner outlines a hedge strategy focused on Dogecoin and POPCAT. Neuners approach signals confidence in memecoins resilience and potential as smart picks for navigating unpredictable markets.

Part of BTC's spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting.

Leading cryptocurrencies jumped as polls began to close in the high-stakes presidential election between Donald Trump and Kamala Harris. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

Dogecoin (DOGE), the popular and largest meme coin, is gaining significant attention from crypto enthusiasts following its impressive performance during the United States presidential election. Whales Move 1.06 Billion DOGE On November 5, 2024, a whale transaction tracker Whale Alert made a post on X (Previously Twitter) that whales have transferred a total of 1.

Around $68,685, the price of Bitcoin is beginning to show indications of a possible reversal, suggesting a fresh upward trend toward or perhaps above the $70,000 mark. Following resistance close to recent highs, Bitcoin has consolidated steadily, indicating that buyers may regain control for a bullish continuation.

Meme cryptocurrency Dogecoin (CRYPTO: DOGE) has experienced a surge in trading volume and price activity leading up to the 2024 presidential election. A Benzinga poll asks readers to choose whether a victory by Donald Trump or Kamala Harris in the election could have a more positive impact on Dogecoin in 2025.

Cryptocurrency markets are trading higher as markets predict a Trump win, boosting sentiment.

The Dogecoin price may be on the brink of a parabolic surge, as recent data shows a significant increase in the number of new daily addresses on the Dogecoin network.

The Dogecoin price momentum is heating up as it makes another move toward the key $0.18 mark, a level that previously set an all-time high for the popular meme coin. The recent surge in the Dogecoin price has captured the attention of both traders and long-term holders, sparking speculation about a possible breakout that could take it to new heights.

Pseudonymous crypto trader Nachi has voiced strong confidence in Donald Trump winning the presidential election, resulting in a bullish outlook for AI-driven meme coins, particularly Goatseus Maximus (CRYPTO: GOAT). What Happened: The trader highlighted on X that Solana (CRYPTO: SOL) meme tokens like Popcat (CRYPTO: POPCAT) and Dogwifhat (CRYPTO: WIF) have recently corrected to attractive buy levels.

Dogecoin price has rallied since October, and data suggests it's set to go much higher.

Crypto analyst Trader Tardigrade has revealed that the Dogecoin price has marked a local bottom. He further provided insights into what could come next for the foremost meme coin, with a 100% price rally from its current level on the cards.

Dogecoin's price has shot up further as we see whether Donald Trump wins—and if Elon Musk will get to lead a government agency called D.O.G.E.

Dogecoin's (CRYPTO: DOGE) single-day 11% surge has sparked speculation in the cryptocurrency community if a strong bullish run is possible in case of a Trump election win. What Happened: Crypto chart analyst Ali Martinez flagged a “Sell” signal on Dogecoin's 4-hour chart, forecasting a potential correction to $0.161 or $0.156.

Dogecoin remains a significant player in this ever-changing crypto space, especially when the market awaits elections – however, new memecoins such as POPCAT emerged as well. Entrepreneur and financial analyst Ran Neuner did note that while Dogecoin accumulated serious gains, it is supposedly set up for a significant quantity of volatility in case a loss