Until a few months ago, it would have seemed like a meme-generated fever dream. Cryptocurrencies are emerging as the big winners of the 2024 election; Dogecoin’s most prominent advocate, Elon Musk, is rising to unprecedented levels of influence and power; the incoming U.S. presidential administration is planning to create a new federal agency — literally called DOGE. But all of this is real, and all of this is happening. Thanks to the incredible events of the past week, Dogecoin’s value has soared. On Election Day, Dogecoin was hovering around $0.15. Since then, the coin has nearly tripled in value, touching around $0.43 on Wednesday and hitting a three-year high this week.🔥🔥🔥🏅
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