🔥🔥Dogecoin (DOGE) Gained 11 Percent as Eyes Turned to the US Election! Here's Why! 🔥🔥

The leading cryptocurrency Bitcoin (BTC)$BTC

lost value by falling below $67,000 due to uncertainty in the US elections and Mt.Gox wallet activity.

This decline in Bitcoin presented an opportunity for Dogecoin (DOGE) to rise as crypto investors prepared for the risky presidential elections, and DOGE$DOGE

became the cryptocurrency that gained the most in the last 24 hours.

This situation shows that Dogecoin could benefit the most from a possible Donald Trump victory, especially with the support of Elon Musk. While Trump’s winning rate on Polymarket has increased, it has not been enough to boost Bitcoin’s price, and BTC has lost all of the gains it made as it approached its peak last week.

The increase in Trump’s winning rate has not been effective in pushing BTC higher, paving the way for Dogecoin. DOGE has increased by 11.3% in the last 24 hours. This increase creates a positive outlook for Dogecoin, with analysts stating that DOGE is the cryptocurrency that could benefit the most from a possible victory by Donald Trump.

Crypto analyst and trader Satoshi Flipper predicted that Trump winning the presidential election would lead to a major rally in Dogecoin, with the price rising to $1. Flipper emphasized that Elon Musk’s support for Trump and his Dogecoin initiative could play an important role in this rally.

At the time of writing, Dogecoin continues to trade at $0.167.

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