The cryptocurrency industry has received a great deal of attention during the US presidential election, as both leading candidates, Donald Trump and Kamala Harris, have expressed their willingness to make reforms to promote the industry. The market's anticipation of Trump's victory could have a positive impact on the cryptocurrency market, especially Dogecoin ($DOGE ), a cryptocurrency that has gained fame due to its association with Elon Musk.

Recently, Dogecoin's gains have been accelerating, and this growth is related to Musk's previous posts, in which he stated that he would join Trump's team as an advisor if the Republican Party wins the 2024 election. Musk shared a photo of the "Department of Government Efficiency" ("DOGE") on the well-known social media platform X, which further sparked the interest of the cryptocurrency community.

Nevertheless, Dogecoin price predictions show that considering the current situation, Dogecoin is expected to trade at the same level or slightly decline. According to Changelly, the highest price of Dogecoin in November will reach $0.107, and the average trading price is set at $0.102.

The cryptocurrency market is known for its volatility, and although the prospects for Dogecoin may look bleak at the moment, this situation may change in the coming month. Therefore, if Trump wins, the price of Dogecoin (DOGE) may experience fluctuations, but whether it can reach its previous heights or grow significantly will also require consideration of multiple factors such as market sentiment, investor confidence, and overall market trends.