Dogecoin Surges Amid Trump Rally and Musk Speculation
TL;DR Summary
Dog-themed meme coins, led by Dogecoin, have surged following a rally fueled by Donald Trump's election and a Federal Reserve rate cut. Dogecoin hit its highest price in nearly three years, with other meme coins like Shiba Inu and Floki Inu also seeing significant gains. The rally is driven by investor optimism over potential crypto-friendly policies under Trump and Elon Musk's support for the MAGA agenda, sparking speculative interest in meme-driven narratives.
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