What will happen to $DOGE after Trump's inauguration

Recently, the cryptocurrency Dogecoin (DOGE) has attracted significant attention due to support from the elected President of the United States, Donald Trump, and entrepreneur Elon Musk. After Trump's victory in the election, the price of Dogecoin rose significantly, highlighting the impact of political events on the cryptocurrency market.

Support from Trump and Musk

Donald Trump announced the creation of the Department of Government Efficiency (DOGE), which will be headed by Elon Musk and Vivek Ramaswamy. This announcement caused the value of Dogecoin to increase by almost 20%, raising the price to $0.42 and increasing the market capitalization to $60 billion. 

Elon Musk, known for his support of Dogecoin, previously joked about creating the DOGE department, which also contributed to the growing interest in the cryptocurrency. His involvement in Trump's administration has strengthened investors' confidence in the future of Dogecoin. Now is the time to accumulate this momentum in your portfolio.