Why did Dogecoin skyrocket when Donald Trump won? ๐ค
#ุฏูุฌูููู , the popular cryptocurrency featuring the image of a Shiba Inu dog, has seen a huge jump in its market value to become the talk of markets and investors around the world. ๐ค๐ค
Since #ุฏููุงูุฏ Trump won the US presidential election, Dogecoin has surged by 157%, pushing its market cap to $53 billion, surpassing the value of Ford.
This great interest in the digital currency is due to #ุฅูููู Musk, the famous billionaire and CEO of Tesla, who has long supported Dogecoin, making it the most exciting currency.
Despite the fluctuations in its value, which witnessed a historic peak in May 2021 with an increase estimated at 25,000% to reach $ 0.7376, there are growing expectations that Dogecoin will reach $ 1 during Trump's term and with Musk's support.