Why is D0GE skyrocketing?
DOGE has risen again! This time, it surged alongside a host of dog-themed MEME coins.
D0GE shot up to a high of $0.3 on Sunday, marking the first time in three years! In just one day, it increased by 27%, and now it is steadily hovering around $0.26.
First, Trump and his team injected some adrenaline into the market. They announced tax cuts and deregulation, benefiting risk assets as well. Particularly, Trump’s support for BTC mining and his relatively open stance on cryptocurrency regulation has essentially opened the door for MEME coins like DOGE!
Additionally, DOGE is also linked to Tesla's big boss, Elon Musk. Musk has consistently supported Trump's MAGA plan, which has made him extremely popular on social media and in the crypto space. Following Musk's lead, those meme coins related to D0GE have also skyrocketed!
Musk's concept meme project #Marvin (7055) currently has low market capitalization but high potential, and it is the only dog around Musk that hasn’t listed on Binance, making it worth watching and positioning for!,,,,,,,,,,,,#DOGE飞”狗“在天 #特斯拉市值重上1万亿美元 #BTC☀ #pepe⚡ #meme_coin