🐶 Dogecoin Surpasses XRP, Fueled by Musk and Trump Connections! 🚀
Dogecoin (DOGE) just pulled off a major milestone, zooming past XRP to become the seventh-largest cryptocurrency by market capitalization. Here’s what’s driving the surge:
DOGE Price Surge 📈: DOGE jumped an impressive 14% on Sunday, pushing its 7-day gains to 55% and lifting its price to over $0.23—a level last seen in November 2021.
Musk’s Influence 🔥: Bullish sentiment surrounds Elon Musk’s endorsement, with talk of a potential Department of Government Efficiency (D.O.G.E.) under a Trump administration, boosting trading interest in DOGE.
Market Cap Milestone 💵: DOGE now boasts a market cap of $34 billion, surpassing XRP’s $33.3 billion.
Futures Demand Rising 📊: Open interest in DOGE-tracked futures is nearing all-time highs, with a 33% increase this week alone—totaling over 8.33 billion DOGE ($1.8 billion).
Parody Memecoin Surge 🎭: Even DOGE-inspired tokens on Ethereum have soared, with one memecoin up 600% since October!
The Dogecoin rally shows no signs of slowing, as traders remain optimistic. Stay tuned to see how this meme coin continues to disrupt the crypto market!
