As the November 5 election approaches, Trump is currently in a big lead, and the two digital currencies DOGE and NEIRO show great potential.

According to Xiaohui's observation, many smart investors are actively buying these two digital currencies, especially for the November 5 election. Musk, the iconic figure of Dogecoin, currently fully supports Trump. He not only changed his profile picture and signature, but also frequently canvassed for Trump online and participated in his speeches offline. At the same time, Trump also mentioned that if he won the election, he might create a new government department called "Government Efficiency Department", and the English abbreviation of the department happened to be the same as Dogecoin (Doge).

Therefore, as long as Trump wins the election on November 5, the price of DOGE and its successor NEIRO is expected to rise sharply, and it is not impossible to achieve a 3-fold increase in a week. This scenario has a precedent before. After Musk announced his entry into Twitter in October 2022, the price of Dogecoin soared 3 times in just one week.

Judging from the on-chain data, a large amount of funds poured into the Dogecoin market last week alone, with whales spending $2 billion to buy DOGE, setting the largest net inflow of funds since January this year. At the same time, NEIRO also performed well, breaking through the historical high against the trend and continuing to rise.

Although DOGE's market value has exceeded 10 billion, NEIRO's market value is only 700 million in comparison, so its potential may be greater. However, it should be noted that due to the recent large increase in $NEIRO, investors should be cautious in chasing highs and wait for it to have a deeper correction before buying. Otherwise, there may be a higher investment risk.

Of course, the premise of the explosive growth of DOGE and NEIRO is that Trump wins the election. Therefore, investors who choose to invest in these two digital currencies are actually gambling on the results of the election. A platform predicts that Trump's probability of winning is 52.5%, while Harris's probability of winning is 46.6%, and Trump is far ahead in the data. But it should be noted that these data may be affected by political positions, so investors should judge carefully.