Dogecoin Crypto Price Rises 145% After Trump Is Elected, Musk Appoints 'Dodge' Dept
Dogecoin Crypto Price Rises 145% After Trump Is Elected, Musk Appoints 'Dodge' Dept After Donald Trump won the US presidential election, Dazcoin, the cryptocurrency that Elon Musk acquired, is making good use of it. In the last five days alone, its price has increased by about 50 percent, which is higher than Ethereum and Bitcoin, according to Bloomberg. After Trump's victory, the price of Dazcoin has so far increased by 145 percent, but it has not been able to cut its highest level so far. Dazcoin traded at an all-time high of $0.7376 in 2021. Positive sentiment in the market and strong support from influencers like Elon Musk have been attributed to its growth. Musk publicly supports Dazquin and tweets in favor of it. In addition to this, the important role played by Trump in advancing investors' interest and demand has also strengthened it. Madrex CEO Eidul Patel said that Musk's recent tweets have created a 'golden cross' i.e. a 'bullish trend' i...